OECD: The Federal Reserve and ECB are expected to raise interest rates again this year, then keep interest rates stable in 2027. The Bank of Japan is expected to raise the key interest rate to 2% by the end of 2027. The Bank of England is expected to keep interest rates unchanged for most of 2027, and the next policy action may be to cut interest rates. Japan's economic growth rate is expected to be 0.8% in 2026 and 0.7% in 2027. Eurozone economic growth is expected to be 1% in 2026 and 1% in 2027. Korea's economic growth forecast for 2026 was raised from 2.6% to 3.7%. The forecast for India's economic growth in 2026 was raised from 6.3% to 7.1%. Saudi Arabia's economy is expected to contract by 1.8% in 2026, after previously forecasting a 3.2% increase.

OECD: The Federal Reserve and ECB are expected to raise interest rates again this year, then keep interest rates stable in 2027. The Bank of Japan is expected to raise the key interest rate to 2% by the end of 2027. The Bank of England is expected to keep interest rates unchanged for most of 2027, and the next policy action may be to cut interest rates. Japan's economic growth rate is expected to be 0.8% in 2026 and 0.7% in 2027. Eurozone economic growth is expected to be 1% in 2026 and 1% in 2027. Korea's economic growth forecast for 2026 was raised from 2.6% to 3.7%. The forecast for India's economic growth in 2026 was raised from 6.3% to 7.1%. Saudi Arabia's economy is expected to contract by 1.8% in 2026, after previously forecasting a 3.2% increase.