In today's episode, we delve into the OECD's latest Economic Outlook, highlighting a more cautious global growth forecast due to rising trade barriers. We also examine the ongoing contraction in the US manufacturing sector, with the latest PMI data indicating persistent challenges. Additionally, we explore the easing inflation trends in the US and their potential impact on Federal Reserve policies. Join us for an in-depth analysis of these pressing economic issues.Sources:https://www.oecd.org/en/about/news/media-advisories/2025/05/oecd-to-release-latest-economic-outlook-on-tuesday-3-june-2025.htmlhttps://www.oecd.org/en/publications/oecd-economic-outlook-volume-2025-issue-1_83363382-en.htmlhttps://www.forexlive.com/news/oecd-cuts-global-outlook-as-trump-tariffs-bite-at-us-growth-20250603/https://www.oecd.org/en/about/newsroom.htmlhttps://www.youtube.com/watch?v=ooppJsAyI-Qhttps://www.manufacturingdive.com/news/ism-s-and-p-pmi-may-2025-trump-tariffs/749549/https://www.advisorperspectives.com/dshort/updates/2025/06/02/ism-manufacturing-pmi-contracts-may-2025?topic=covid-19-coronavirus-coveragehttps://www.advisorperspectives.com/dshort/updates/2025/06/02/sp-global-manufacturing-pmi-may-2025https://www.pmi.spglobal.com/Public/Home/PressRelease/ed3c6f6ea79843648c9b8b98824d74f7https://tradingeconomics.com/united-states/manufacturing-pmihttps://www.morningstar.com/economy/april-pce-report-pce-inflation-index-up-21-softer-than-expectedhttps://www.fxstreet.com/news/us-core-pce-inflation-likely-steady-in-april-as-markets-price-federal-reserve-rate-cut-for-september-202505300600https://www.foxbusiness.com/economy/april-2025-pce-inflationhttps://www.bea.gov/news/2025/personal-income-and-outlays-april-2025https://www.metatradingclub.com/april-pce-price-index/