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Promise and Pressure in Global Growth | Raleigh News
Global growth is gaining momentum by 2026, fueled by tech spending and stronger labor markets, but inflation stubbornly resists cooling—especially in the U.S., where prices may hover near 3%. Energy shocks from the Hormuz crisis add pressure, forcing households to tighten belts. Central banks are pivoting from rate cuts to hikes: the Fed, ECB, and BoJ all now expect tightening, with no cuts likely this year and even a 2027 rate increase on the table. Oil prices, projected between $80–$90/barrel, could ease inflation if geopolitical tensions ease. Investors should focus on AI-driven companies…
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