The Organisation for Economic Co-operation and Development (OECD) updated its economic growth outlook due to the ongoing trade war between the

President Trump's trade war would put a brake on global economic growth and stoke inflation, according to new forecasts by the Organization for Economic Co-operation and Development. Why it matters: The OECD sees a stagflationary economic scenario for the U.

Growth outlooks in the United States and several other countries are projected to slow this year and next, as uncertainty on trade and economic policy take their toll.