
World Bank Cuts Global Growth Forecast to 2.5%, Warns of Severe War Fallout
The World Bank has lowered its global growth forecast to 2.5%, warning of a potential 1.3% crash under severe war fallout, citing surging energy prices, inflation, and borrowing costs, and highlighting the US-Iran war as a significant hit to the global economy.
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US-Iran war to pull global economy to post-COVID low: World Bank
Global growth forecast cut to 2.5 percent due to surging energy prices, inflation and borrowing costs.
Read full article →World Bank Says global growth to slow to 2.5%, two-thirds of economies face hit from US-Iran war
The world economy will expand 2.5% in 2026, the Washington-based lender said in a report published Thursday. That’s down from a January forecast of 2.6%.
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