World Bank lowers 2023 global growth forecast to 1.7% from 3% in June – by eren_fxstreet Macroeconomics Growth
"World Bank forecasts US 2023 GDP growth at 0.5% vs 2.2% in June forecast; weakest non-recession performance since 1970.", China and Ukraine war spillovers."due to soaring energy costs, rising borrowing costs."
This headline doesn't seem to be having a noticeable impact on risk sentiment. As of writing, the S&P 500 Index was virtually unchanged on the day at 3,890. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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