S&P Chief Economist: 'less pessimistic' on U.S.-China tariffs, forecasts 2.9% global growth

  • Paul Gruenwald, Chief Economist at S&P Global Ratings is forecasting global GDP growth at 2.9% in 2025, saying China is "the one country that really moves the global needle" amid ongoing economic uncertainties, including oil prices that act as "a tax on growth."