The Federal Reserve's decision to reduce its interest rates for the first time in several years and Europe's inflation results raise hopes among economic agents of the beginning of a new era of growth and prosperity. There will be enough money and lower interest rates, which will inevitably lead to better growth indicators.

However, some signs continue to generate concern, such as an escalation of geopolitical conflicts, which could create a price impact on important commodities such as oil, or new and feared problems in supply chains.

"Next year, global economic growth is going to be practically the same as 2024; but the composition will change radically," said Munir Jalil, director of economic research at BTG Pactual in Colombia.

2025 is still seen as a transition year until the interest rate reduction processes worldwide are consolidated.

Factors that could have an impact are appearing day by day. First, a dockworkers' strike in the United States could seriously hit economic activity if agreements are not reached soon: most of the ports in the eastern part of the country are on lockout due to the lack of agreement with the employees.

In addition, production in the country is not yet at a high level. As reported by AFP news agency, U.S. manufacturing activity contracted for the sixth consecutive month in September, according to survey data released Tuesday, with demand remaining weak and new export orders falling.

The tepid reading reflects uncertainty in the sector ahead of the U.S. presidential election in November and with further changes in central bank policy pending.

Meanwhile, the deterioration in the employment rate underscores concerns about the labor market, says the AFP agency.

On the other hand, geopolitical tensions are already having their first impact: the price of crude oil rose 4% on the same day as Iran's actions against Israel, to a level above US$75 a barrel, raising concerns about an increase in overall production costs for companies and households around the world.

It is clear that there are still many economic challenges for the coming year. What appeared to be a window into a new era of prosperity may not yet be fully open, as geopolitical tensions could derail the process.