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 Minutes Hint at Monetary Policy Shift This Friday READ MORE JPMorgan Cautions Investors: Stock Market Troubles Not Over Yet READ MORE "AI-Fueled Equity Bubble" – Big Tech to Ignite Next Equity Market Surge READ MORE Crude Falls as Israel-Hamas Ceasefire Talks Progress READ MORE "Gold Price at $3000 by 2025: Don't Rule It Out" Alan Hibbard on Analyst Targets READ MORE Add a Comment Cancel replyYour email address will not be published.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