Macro Pulse

The Year in Review


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The global economic story of 2025 has been one of resilience amid disruption. Despite a succession of shocks — from US trade policies and elevated geopolitical risks— the world economy has held up better than many feared. In our charts this week we review:

  • Global data surprises and market volatility
  • Monetary policy calibration and inflation
  • The stance of fiscal policy
  • AI investment and productivity growth
  • US/China trade flows
  • Uncertainty and geopolitical risk
  • ...more
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    Macro PulseBy Haver Analytics