Find the latest episode of "The Uncertain Hour" here. Listen

Behind the World Bank’s new global growth forecast

Mark Garrison Jun 8, 2016
HTML EMBED:
COPY

Behind the World Bank’s new global growth forecast

Mark Garrison Jun 8, 2016
HTML EMBED:
COPY

This big international economy we’re all living in apparently isn’t growing as quickly as experts thought. The latest evidence of that comes from the World Bank’s newest forecast, which cuts its 2016 global growth forecast down to 2.4 percent. It had predicted 2.9 percent growth in January. The World Bank is just the latest group to trim its worldwide economic growth forecasts.

Click the player above to hear why economists are scaling back their forecasts and what that says about where we are now.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.