The global economic story of 2025 has been one of resilience amid disruption. Despite a succession of shocks — from US trade policies and elevated geopolitical risks— the world economy has held up better than many feared. In our charts this week we review:
- Global data surprises and market volatility
- Monetary policy calibration and inflation
- The stance of fiscal policy
- AI investment and productivity growth
- US/China trade flows
- Uncertainty and geopolitical risk
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