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World Bank lowers forecast for global growth for 2016 and 2017

Discussion in 'Market News' started by ForexLive, Jan 6, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Biannual global economic prospects report: - Sees 2016 at 2.9% vs 3.3% in June - Cites weaker US, China and Japan - Cut China outlook to 6.7% from 7% in June The World Bank certainly has a knack for timing as this report hits with stock markets at the lows. Brazil is headed for some kind of depression.

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