World Bank upgrades global economy outlook to 2.6% in 2024 due to US growth, but warns of sluggishness, debt, and trade barriers.

The World Bank has upgraded its outlook for the global economy, estimating that it will expand 2.6% in 2024 due to sustained growth in the United States. The bank's latest forecast marks an increase from its previous prediction of 2.4% growth for 2024 and matches the 2.6% growth recorded in 2023.

June 11, 2024
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