CBA sees global economy expanding 2.5% in 2026 - SPY News | RalliesCBA sees global economy expanding 2.5% in 2026
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SPY• CBA global growth forecast and assumptions
- Commonwealth Bank of Australia forecast global GDP growth of 2.5% in 2026, 2.7% in 2027, 2.6% in 2028.
- Baseline assumes the Iran war spillover into the Red Sea is resolved by year-end.
- Spot oil prices remain within historical ranges so far, signaling the global economy has absorbed the energy price shock.
- Warned a prolonged partial closure of the Strait of Hormuz could drive a sharp oil-price rise.
- Higher oil would lift global inflation pressure, weighing on growth.
