World Bank Raises Global Growth Forecast to 2.6%, Citing U.S. Economic Strength The World Bank has upgraded its global economic growth forecast for 2024 to 2.6%, driven by sustained strong growth in the U.S., which is expected to grow by 2.5%. This revision marks an increase from the previous 2.4% estimate. Despite the positive outlook, the World Bank warns that global growth remains sluggish compared to past standards, with poorer countries struggling under high debts and interest rates, and trade barriers posing risks to prosperity. Additionally, conflicts in Ukraine and Gaza are adding pressure to regional economies. The U.S. economy’s resilience in the face of high interest rates has been a significant factor in this improved forecast. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed Could Slash Rates by 200 Points Over 8 Meetings, Citi Analysts Predict READ MORE From Luxuries to Groceries: The Evolving Landscape of Buy Now, Pay Later READ MORE Fed Survey Reveals Growing Pessimism Among US Companies READ MORE Hidden Debt: How 'Buy Now, Pay Later' Is Clouding America's Economic Outlook READ MORE How Lower Rates and Central Bank Moves Propel Gold’s Surge READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment