RSS The World Bank forecasts global growth of 2.7% in 2025 and 2026, unchanged from 2024

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 RSS The World Bank forecasts global growth of 2.7% in 2025 and 2026, unchanged from 2024

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  • The World Bank forecasts global growth of 2.7% in 2025 and 2026, unchanged from 2.7% in 2024.
  • Developing economies are expected to grow by 4% in 2025-2026, but face the lowest long-term growth since 2000.
  • The global economy is facing headwinds from trade policy shifts, heightened uncertainty, geopolitical tensions, climate change, and inflation.
  • Simulations show a 10-point hike in U.S. tariffs could cut global growth by 0.3 points if other nations retaliate.
  • A 10-point U.S. tariff hike would reduce U.S. GDP by 0.4%, and by 0.9% if trading partners retaliate.
This article was written by Greg Michalowski at www.forexlive.com.
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