The Paris-based Organisation for Economic Cooperation and Development (OECD) has been one of the more optimistic voices in recent economic forecasting. And it still is—but their outlook sounds strained.

The agency expects 3.1% global GDP growth this year, dropping to 2.2% next year and then improving but only to 2.7% in 2024.

For the US, the expectations are 1.8% this year, 0.5% next, and 1.0% in 2024.

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