The presentation covered three key areas influencing economic development in the US and the EU.
Economic growth rates. The EU economy is expected to continue recovering after the slowdown of recent years. Experts anticipate moderate growth of around 1% in 2025, driven by high household savings and a resilient labour market.
The US economy is projected to grow by over 2% in 2025. This forecast depends on whether the Trump administration adopts moderate policies on protectionism, immigration, and taxation.
Inflation. Although the annual inflation rate in the Eurozone in January 2025 exceeded the December 2024 rate, it is expected to return to the 2% target during 2025.
The highest inflation rate has been seen in services prices, but a decline is projected soon. Goods inflation is already stabilising.
In the US, inflationary pressures are moderating, leading to slower price growth. Experts anticipate potential interest rate cuts in 2025.
Central Bank policies. The European Central Bank is expected to lower rates to around 2% by mid-year, with further reductions possible if economic shocks occur.
The Federal Reserve may adopt a cautious approach before resuming rate cuts, particularly if new trade tariffs are introduced.
