· Mathias Cormann Wiki · OECD WikiOECD Economic Outlook launch
Read full speech on oecd.org ↗ContextOECD Secretary-General Mathias Cormann launched the Economic Outlook on 3rd June 2025 at the OECD Ministerial Council Meeting 2025.
Why it mattersThe OECD's June outlook cuts growth forecasts as retaliatory tariffs and uncertainty weigh on trade.
Problems raised
- Retaliatory tariffs slow exports.
- Policy uncertainty is high.
- Net immigration is slowing.
Solutions proposed
- Resolve trade tensions through dialogue.
- Keep monetary and fiscal policy prudent.
- Pursue ambitious structural reforms.