World Bank Brightens View of Global Growth This Year, Downgrades 2024

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The World Bank sees better global economic growth than previously estimated in 2023, thanks to resilient U.S. consumer spending and China’s faster-than-expected reopening

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https://www.wsj.com/articles/world-bank-brightens-view-of-global-growth-this-year-downgrades-2024-58ce3726ShareFederal Reserve Chair Jerome Powell on Friday suggested he was open to holding interest rates steady at the central bank’s June meeting. Photo: Al Drago/Bloomberg WASHINGTON—The World Bank sees better global economic growth than previously estimated in 2023, thanks to resilient U.S.

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