The global economy is in a difficult place, World Bank chief says
The World Bank last month cut its 2024 forecast for global economic growth to 2.4% from 2.7% earlier, citing global monetary tightening.
Shoppers walk past sale signs on Oxford Street, as Britain struggles with the highest inflation rate among the world's big rich economies, London, Britain, 17 July 2023(photo credit: REUTERS/RACHEL ADAMS)Updated: