World Bank Warns About Growth
The World Bank says the global economy is on course to record its worst half-decade of growth in about 30 years. 😬
The organization’s “Global Economic Prospects” report is now forecasting global growth to slow for the third year in a row during 2024, falling from 2.6% last year to 2.4%. Even if it rises to 2.7% in 2025, the acceleration over the last five-year period will be about 0.75 percentage points below the average rate of the 2010s.