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World Bank sharply cuts global growth outlook on trade turbulence
The World Bank sharply cut its global economic growth projections Tuesday, citing disruption from trade uncertainty in particular. It now expects the global economy to expand by 2.3% in 2025, down from an earlier forecast of 2.7%. “This would mark the slowest rate of global growth since 2008, aside from outright global recessions,” the Bank said in its Global Economic Prospects report. Trade uncertainty, especially, has weighed on the outlook, the World Bank suggested. “International discord — about trade, in particular — has upended many of the policy certainties that helped shrink extreme poverty and ... (full story)
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- Jun 10, 2025 11:15am Posted byFundamental Analysis4,316
