News

The Federal Reserve looks set to maintain its pause on interest rate cuts at its meeting this week amid President Trump’s ...
The World Bank says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point ...
The report did not name President Trump explicitly, but made it clear that his unprecedented tariffs—a 10 percent tax on ...
Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help ...
The World Bank said the U.S. economy in 2025 will grow 1.4 percent, 0.9 percentage points slower than its January forecast.
Trump’s trade war won’t just cripple domestic markets—it will slow global gross domestic product growth to its lowest point in 17 years. The World Bank’s Global Economic Prospects report ...
The World Bank on Tuesday reduced its outlook for both global and U.S. economic growth this year, citing disruptions to global trade stemming President Trump’s trade war. Global growth in 2025 is ...
The global economy could grow less this year than previously projected, the World Bank said Tuesday, citing uncertainty over ...
Global economic growth is on track for its weakest decade since the 1960s, according to a new analysis by the World Bank.