Bofa Upgrades Global Growth Forecast as AI Boom Accelerates: Chart of the Day
The AI investment boom is set to push global growth further than initially modeled, Bank of America said in a midyear report published late last week. Spurred by a mix of tailwinds, BofA strategists now see the global economy growing by 3.2% in 2026 and by 3.5% in 2027, wi