Steady she goes

The IMF has released its updated economic growth forecasts for 2025, projecting global real GDP growth to hold steady at 3.2%. While growth is expected to moderate in both China and the U.S., the latter is likely to remain the world’s primary economic driver. Among the major economies, only India and China are expected to outpace the U.S. in terms of growth. Meanwhile, France is forecasted to remain largely stagnant, with modest recoveries anticipated for Japan and Germany after their near "no-growth" conditions in 2024. However, given Germany’s current economic and political challenges, realizing this recovery seems uncertain.