Global Economy Slows to 2.3% Growth This Year, World Bank Says
The World Bank has downgraded its global growth forecast, predicting the slowest growth of any non-recessionary year since 2008. The group attributes this slowdown to tariff policies and economic uncertainty, which have crushed prospects for a “soft landing.” According to Indermitt Gill, chief economist at the World Bank, the global economy was on track for … Read more