The global economy is expected to have an interesting year in 2025 due to inflation, interest rates, and tariffs. One in which the International Monetary Fund predicts growth to stay at a “stable yet underwhelming” 3.2%. What does that mean for us all, then?
A third consecutive interest rate drop was a nice gift for millions of American borrowers only one week before Christmas.
However, as the fight against inflation continues, US Federal Reserve chair Jerome Powell, the most powerful central banker in the world, made it apparent that investors shouldn’t anticipate as many further cuts in 2025 as they may have hoped for, which caused stock markets to plummet.
