- Since April, economic indicators reflect a complex backdrop shaped by trade tensions.
- On inflation, cooling demand and falling energy prices .28 continued decline, Albia with variations across countries.
- Have seen strong evidence of frontloading ahead of tariff increases and some trade diversion.
- We have also seen an improvement in global financial conditions as selected trade deals lowered average tariffs.
- While we will update our global forecast at the end of July, downside risks continue to dominate the outlook and uncertainty remains high.
This article was written by Greg Michalowski at investinglive.com.
