OECD Cuts 2027 Global Growth Forecast on Middle East Tensions, Energy Prices

The OECD lowered its 2027 global growth outlook, citing persistent Middle East tensions, high energy prices, and rising uncertainty, though it noted the global economy weathered the 2026 energy shock better than expected. The organization also flagged AI as a double-edged sword, implying potential productivity gains offset by labor-market and inequality risks. The revision signals a modest downgrade to the global growth path, with the Middle East conflict and energy costs as key downside risks.