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HomeWORLDTOP NEWSWorld Bank slashes global growth forecast as trade tensions bite

World Bank slashes global growth forecast as trade tensions bite

In its twice-yearly Global Economic Prospects report, the bank lowered its forecasts for nearly 70% of all economies — including the US, China and Europe, as well as six emerging market regions — from the levels it projected just six months ago before US President Donald Trump took office.

​In its twice-yearly Global Economic Prospects report, the bank lowered its forecasts for nearly 70% of all economies — including the US, China and Europe, as well as six emerging market regions — from the levels it projected just six months ago before US President Donald Trump took office.  

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