Bank of America Revises 2026 and 2027 Global Growth Forecasts

Bank of America has increased its 2026 global growth forecast to 3.3% and lowered its 2027 projection to 3.4%, while keeping 2028 at 3.3%. The revision reflects regional changes, including a modest US cut, a Eurozone lift to 0.8%, and strong tech exports from emerging Asian economies.

Bank of America Revises 2026 and 2027 Global Growth Forecasts

Global Growth Forecast Bank of America economists have raised their outlook for global growth in 2026 by 10 basis points, lifting the forecast to 3.3%.
The end‑of‑2027 projection was trimmed slightly to 3.4%, while the 2028 estimate remains at 3.3%.
Regional Adjustments In the United States, the growth forecast was modestly lowered.
The Eurozone’s 2026 growth estimate was increased by 30 basis points to 0.8%.
The strongest upward revision was driven by the performance of technology exporters in emerging Asian economies.
Higher inflation supports the long‑standing expectation that monetary policy rates, including those set by the Federal Reserve, will need to remain elevated.
United States: slight downward revision.
Eurozone: 2026 growth forecast increased to 0.8%.
Emerging Asian economies: tech exporters’ performance boosted global outlook.

Sources

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