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���������ֳ� has raised its 2024 global GDP growth forecast by 0.3pp to 2.4%, as near-term world growth prospects have improved. This reflects a sharp upward revision to our US forecast to 2.1%, from 1.2% in the December 2023 Global Economic Outlook (GEO). Stronger US growth prospects outweigh a marginal cut to our China 2024 growth forecast – to 4.5% from 4.6% – and a minor revision to our eurozone forecast, to 0.6% from 0.7%. Growth in emerging markets excluding China (EM ex China) has been revised up by 0.1pp to 3.2%, with forecasts raised for India, Russia and Brazil. We still expect world growth in 2025 to edge up to 2.5% (unchanged from December GEO) as the eurozone finally recovers – on a pick-up in real wages and consumption – but as US growth slows.