BARCLAYS NO LONGER EXPECTS US RECESSION, BOOSTS GROWTH OUTLOOK FOR US AND EUROZONE
Barclays has updated its outlook for the US economy, no longer anticipating the recession it once forecasted for later this year. This adjustment comes as the bank cites improving trade relations between the US and China.
Barclays analysts are now projecting US GDP to expand by 0.5% in 2025, a notable change from their earlier expectation of a 0.3% decline. Additionally, the growth forecast for 2026 has been nudged up to 1.6%, compared to the previous estimate of 1.5%.
