TITLE: Finding the Right Balance in Uncertain Times* AUTHOR/EDITOR: OECD TYPE OF DOCUMENT: OECD Economic Outlook – Interim Report 2025 DOCUMENT LOCATION: https://doi.org/10.1787/67b10c01-en LANGUAGE: English NUMBER OF PAGES: 21 PUBLICATION DATE: September 2025 116 Finding theright balance in uncertaintimes HELENA ALEGRE Office of Planning, Policy and General Administration (GPP) Reference Keywords: inflation, global growth, monetary policy, consumption, international trade The report Finding the Right Balance in Uncertain Times, published by the OECD in September 2025, provides a summary analysis of how the global economy evolved in 2025 and anticipates likely developments in the coming years. At the same time, it projects future trends in key economic indicators such as inflation, unemployment and the likely evolution of financial markets. This report highlights that in a global scenario of uncertainty and trade tensions, public policies should promote a balance between public debt sustainability and market openness, and that central banks should remain vigilant in preserving financial stability and containing inflationary risks. It also emphasises the importance of structural reforms, such as increasing competition, regulatory modernisation and investment in artificial intelligence technologies as a way of increasing productivity, sustaining economic growth and strengthening the resilience of economies to external shocks. The report begins with a brief summary of its main findings, followed by a discussion structured around four main chapters: recent developments, projections, risks and challenges, and policy requirements. * OECD (2025), OECD Economic Outlook, Interim Report September 2025: Finding the Right Balance in Uncertain Times, OECD Publishing, Paris
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