The bank cut its 2026 global growth forecast to 2.5%, citing the Middle East war's toll on energy markets and inflation
The World Bank cut its global growth forecast
for 2026 to 2.5%, calling the slowdown the worst hit to the global
economy since the COVID-19 pandemic as soaring energy prices from war in
the Middle East fuel a new round of inflation.
After expanding at a 2.9% rate in 2025, the world economy is now
projected to slow further, with the 2026 figure representing the weakest
growth rate recorded since the COVID-19 pandemic first emerged. The
revised forecast comes in 0.1 percentage point below what the bank had
expected in January. The bank warned growth could fall to just 1.3% if
energy supply disruptions intensify and financial markets come under
stress...
...moreRSK: For some reason I do not think the US will suffer that much and this war will come to an end sooner than later.
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- - Volume: 26 - WEEK: 25 Date: 6/16/2026 5:01:10 PM -