Ajay Banga

Business

World Bank: Global Economy Risky Amid High Interest Rates

June 9, 2023 News Editor Comments Off on World Bank: Global Economy Risky Amid High Interest Rates

WASHINGTON, DC, June 9, 2023 (ENS) – Global economic growth has slowed, and the risk of financial stress in emerging market and developing economies, known as EMDEs, is intensifying, hemmed in by high global interest rates, according to the World Bank’s latest “Global Economic Prospects” report, issued Tuesday. […]