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World Bank downgrades global growth forecast sharply to 1.7% in 2023
The World Bank lowered global growth forecast to 1.7% in the latest Global Economic Prospects report, down sharply from 3.0% expected six months ago. It said, “Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine.” 2023 GDP growth: World: 1.7%, […] The post World Bank downgrades global growth forecast sharply to 1.7% in 2023 appeared first on Action Forex...
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Posted: Jan 10 2023, 15:09
Author Name: actionforex
Views: 110638