Global Economy Q3 2024 Outlook. A boost to household real incomes from lower inflation and more accommodative financial conditions. At 3.2 percent in 2024 and 3.3 percent in 2025, the forecast for global economic growth is broadly unchanged from that in april (table 1).

That outlook is based on our economists’ prediction for strong income growth (amid cooling inflation and a robust job market), their expectation that rate hikes have already delivered their biggest hits to gdp growth, and their. Wti crude oil futures fell to $79.78 per barrel, down 0.44%, while brent crude dropped to $82.40 per barrel, down 0.28%.