Update on world economic outlook out tomorrow
The OECD will publish its projections for the economic outlook of the world’s major economies tomorrow.
The OECD’s chief economist Catherine L. Mann is presenting the Interim Global Economic Assessment at 11am CET at a press conference, which can be watched via a webcast at video.oecd.org.
The report will offer projections for annual GDP growth in the United States, Japan, the Euro area, Germany, France, Italy, the United Kingdom, Canada, Brazil, China and India.
It will provide an update of the OECD’s previous interim assessment, published in March, which had projected “moderate, rather than rapid, world GDP growth” and said that “lower oil prices will boost global demand and have created conditions for many central banks to lower interest rates.”
The March report also said that “bold and open-ended action by the European Central Bank has boosted asset prices in the Euro area and added to easier global financial conditions.”