The World Bank upgraded its outlook for the global economy this week, estimating that it will expand 2.6% this year on the strength of sustained growth in the United States.
The bank’s latest outlook marks an increase from the 2.4% growth for 2024 it had predicted in January. And it would match the global economy’s 2.6% expansion in 2023.
But the agency cautioned that global growth remains sluggish by past standards, that the poorest
