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The World Bank lowered projected 2025 global growth to 2.3% and U.S. growth to 1.4%, without accounting for a possible imminent U.S.-China agreement.
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Reduced World Bank growth forecasts amid trade tensions
The World Bank lowered projected 2025 global growth to 2.3% and U.S. growth to 1.4%, without accounting for a possible imminent U.S.-China agreement.
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Reduced World Bank growth forecasts amid trade tensions
That forecast predicted a decline in global economic growth from 2.8% in 2024 to 2.3% in 2025 - and a decline in U.S. economic growth forecast from 2.8% to 1.4% - due to trade wars like the one the U.S.-China framework aims to resolve.
The World Bank lowered projected 2025 global growth to 2.3% and U.S. growth to 1.4%, without accounting for a possible imminent U.S.-China agreement.
Open source report