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Economics3h 10m ago

The World Bank cut its global growth forecast for 2026 to 2.5%, the slowest pace since the Covid-19 pandemic.

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Who
The World Bank
What
The World Bank cut its global growth forecast for 2026 to 2.5%, the slowest pace since the Covid-19 pandemic.
When
Thu, 11 Jun 2026 14:42:13 GMT · 3h 10m ago
Where
global ·
Why
The cut in global growth forecast is attributed to higher energy prices, rising input costs, and disrupted global trade routes stemming from the ongoing conflict in the Middle East.
The Frontline Impact

How this affects you

The World Bank has reduced its global economic growth projection for 2026, signaling a slowdown that will affect business activities and household spending worldwide, particularly due to higher energy costs.

Story chain

4 events in this thread
  1. Economics27m ago
    The World Bank projects a slowdown in global economic growth to 2.5% this year, the lowest since the pandemic.
    Open article
  2. Economics2h 7m ago
    The International Monetary Fund has lowered its growth forecast for the euro zone, attributing the decline to the U.S.-Israeli conflict's impact on Iran.
    Open article
  3. Currently Reading3h 10m ago
    The World Bank cut its global growth forecast for 2026 to 2.5%, the slowest pace since the Covid-19 pandemic.
  4. Economics4h 14m ago
    A UN report on the World Economic Situation and Prospects (Mid-2026) states that the crisis in West Asia is weighing on the global economy by slowing growth and causing price increases.
    Open article

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