World Bank Trims 2025 Growth Outlook, Citing Tariffs, Conflict and Extreme Weather
It's important for you to understand the latest adjustments made by the World Bank regarding the global growth outlook for 2025. This revision highlights the impact of escalating tariffs, ongoing geopolitical conflicts, and increasingly severe weather patterns on economic performance. As you navigate these changes, staying informed about these factors can help you better plan for the future, whether for personal finance, investment, or policy considerations.Key Takeaways: The World Bank has downgraded its global growth forecast for 2025, attributing this adjustment to the impact of tariffs and international trade tensions. Ongoing conflicts in various regions are contributing to uncertainty in…