There are many indicators to monitor for reading the monetary policy tea leaves, each with its own distinctive set of pros and cons. Here’s one more that’s worth pondering: the unemployment rate.
Daily Archives: June 11, 2025
Macro Briefing: 11 June 2025
The World Bank downgrades the outlook for US and global growth, citing tariffs. Due to “a substantial rise in trade barriers,” the US economy would grow half as fast (1.4%) vs. 2024 (2.8%). The new forecast reflects a downgrade from the 2.3% growth forecast for 2025 that the bank published in January. The forecast also projects the slowest decade for global growth since the 1960s.
