World Bank says global growth stabilizing but well below pre-pandemic levels

The World Bank on Tuesday said the U.S. economy’s stronger-than-expected performance has prompted it to lift its 2024 global growth outlook slightly but warned that overall output would remain well below pre-pandemic levels through 2026. The World Bank said in its latest Global Economic Prospects report that the global economy would avoid a third consecutive … Continue reading World Bank says global growth stabilizing but well below pre-pandemic levels