|
EFG today presented its outlook for 2025 with its top-ten convictions for the coming year. Following the soft landing in 2024, it expects economic growth to remain resilient in 2025. EFG nevertheless anticipates that a number of headwinds could persist in the first half of the year, creating some uncertainty and potentially weighing on growth. It expects the situation to improve in the second half of 2025 and foresees further improvement into 2026.
EFG take the view that the global economy will show continued resilience in 2025 with GDP growth likely to reach around 3.2%. However, they have identified three main headwinds that could cause uncertainty and challenge economic growth in the first half of the year in particular:
First, EFG believes...
|