World Bank Warns of Consequences of Sustaining Elevated Interest Rates
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#2bef6d19 ver:0.92

The World Bank warns of consequences of sustained high interest rates, urging countries to avoid lower-for-longer growth scenario. Global growth remains sluggish, with poorest countries burdened by debt. Dialogue and common ground needed to solve trade problems. US expected to account for 80% of global growth. Developing countries projected to grow by 4% in 2024. Wealth gap between developing and advanced economies to widen. China's growth outlook upgraded, while India expected to see strong growth. #WorldBank #GlobalEconomy #InterestRates #Trade...

#newstr #WorldBank #GlobalEconomy #InterestRates #EconomicGrowth #TradeBarriers 

 https://here.news/story/2bef6d19?ver=0.92