{"id":80430,"date":"2022-01-12T02:56:58","date_gmt":"2022-01-12T07:56:58","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=80430"},"modified":"2022-01-12T02:37:16","modified_gmt":"2022-01-12T07:37:16","slug":"world-bank-slashes-global-growth-forecast-and-warns-about-growing-inequality","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2022\/world-bank-slashes-global-growth-forecast-and-warns-about-growing-inequality.html","title":{"rendered":"World Bank slashes global growth forecast and warns about growing inequality"},"content":{"rendered":"\n<p>(CNBC) The World Bank slashed its global growth forecast for 2022 and 2023, and cautioned that a rise in inflation, debt and income inequality could jeopardize the recovery in emerging and developing economies.<\/p>\n\n\n\n<p>Global growth is expected to slow to 4.1% in 2022 and 3.2% in 2023 as more nations start unwinding unprecedented levels of fiscal and monetary policy support to tackle the fallout from the coronavirus pandemic, the bank said in its \u201c<a rel=\"noreferrer noopener\" href=\"https:\/\/openknowledge.worldbank.org\/bitstream\/handle\/10986\/36519\/9781464817601.pdf\" target=\"_blank\">Global Economic Prospects<\/a>\u201d report on Tuesday.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/01\/12\/world-bank-slashes-2022-global-growth-forecast.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The World Bank slashed its global growth forecast for 2022 and 2023, and cautioned that a rise in inflation, debt and income inequality could jeopardize the recovery in emerging and developing economies. Global growth is expected to slow to [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80430","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=80430"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80430\/revisions"}],"predecessor-version":[{"id":80431,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80430\/revisions\/80431"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=80430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=80430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=80430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}