Morgan Stanley economic outlook
Extracted from https://www.morganstanley.com/insights/articles/economic-outlook-midyear-2025
Published2025-05-28
Extracted figures10
Source classInstitution forecast
Update cadenceSemiannual
Available formatHTML
| Metric | Period | Reported | Forecast |
|---|---|---|---|
| Real GDP growth | 2025 Q4“Morgan Stanley Research forecasts the global economy will expand at an annual rate of 2.9% in 2025 (2.5% 4Q/4Q) and 2.8% in 2026, down from 3.3% (3.5% 4Q/4Q) in 2024.” — Global growth paragraph · source ↗ | 2025-05-28 | 2.5% 4Q/4Q |
| Real GDP growth | 2025 full year“Morgan Stanley Research forecasts the global economy will expand at an annual rate of 2.9% in 2025 (2.5% 4Q/4Q) and 2.8% in 2026, down from 3.3% (3.5% 4Q/4Q) in 2024.” — Global growth paragraph · source ↗ | 2025-05-28 | 2.9% |
| Real GDP growth | 2026 full year“Morgan Stanley Research forecasts the global economy will expand at an annual rate of 2.9% in 2025 (2.5% 4Q/4Q) and 2.8% in 2026, down from 3.3% (3.5% 4Q/4Q) in 2024.” — Global growth paragraph · source ↗ | 2025-05-28 | 2.8% |
| Real GDP growth | 2025 Q4“After growing 2.8% in 2024 (2.5% 4Q/4Q), U.S. economic growth is likely to slow to 1.5% (1% 4Q/4Q) this year and 1% in 2026.” — U.S. Growth and Inflation section · source ↗ | 2025-05-28 | 1% 4Q/4Q |
| Real GDP growth | 2025 full year“After growing 2.8% in 2024 (2.5% 4Q/4Q), U.S. economic growth is likely to slow to 1.5% (1% 4Q/4Q) this year and 1% in 2026.” — U.S. Growth and Inflation section · source ↗ | 2025-05-28 | 1.5% |
| Real GDP growth | 2026 full year“After growing 2.8% in 2024 (2.5% 4Q/4Q), U.S. economic growth is likely to slow to 1.5% (1% 4Q/4Q) this year and 1% in 2026.” — U.S. Growth and Inflation section · source ↗ | 2025-05-28 | 1% in 2026 |
| Headline CPI inflation | 2025 full year“Inflation is likely to continue losing steam globally except for the U.S., slowing to 2.1% in 2025 and 2% in 2026, from 2.4% in 2024.” — Central Banks and Fiscal Policy section · source ↗ | 2025-05-28 | 2.1% |
| Headline CPI inflation | 2025 full year“Inflation is likely to continue losing steam globally except for the U.S., slowing to 2.1% in 2025 and 2% in 2026, from 2.4% in 2024.” — Central Banks and Fiscal Policy, paragraph beginning “Inflation is likely” · source ↗ | 2025-05-28 | 2.1% in 2025 |
| Headline CPI inflation | 2026 full year“Inflation is likely to continue losing steam globally except for the U.S., slowing to 2.1% in 2025 and 2% in 2026, from 2.4% in 2024.” — Central Banks and Fiscal Policy section · source ↗ | 2025-05-28 | 2% |
| Headline CPI inflation | 2026 full year“Inflation is likely to continue losing steam globally except for the U.S., slowing to 2.1% in 2025 and 2% in 2026, from 2.4% in 2024.” — Central Banks and Fiscal Policy, paragraph beginning “Inflation is likely” · source ↗ | 2025-05-28 | 2% in 2026 |