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Global growth weakest since financial crisis: S&P [Investment Executive - News]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Between the U.S.-led global trade war, erratic U.S. policy, and related financial market turmoil, S&P Global Market Intelligence is cutting its global growth forecasts for 2025 and 2026. The firm reduced its global real GDP growth forecast for this year from 2.5% to 2.2%, and cut next year’s forecast to 2.4% from 2.7%. “In both years, projected global growth would be the weakest since the global ?nancial crisis of 2008–09, excluding the COVID-19 pandemic,” it said — adding, “Risks are to the downside.” Prior to the U.S. election, the firm was calling for 3% global growth. However, the impact of the disruption in global trade, the sharply negative equity market reaction, and the accompanying turmoil in the global bond markets, have pushed forecasts down. Alongside the gloomier global forecasts, S&P also cut its forecasts for U.S. real GDP growth in 2025 and 2026, by 0.6 percentage points and 0.4 points, respectively, to 1.3% and 1.5%. “While a technical recession in the U.S. is no Show less Read more
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