World Bank slashes global growth forecast to 2.9%, warns of ‘stagflation’ risk
The war in Ukraine had magnified the slowdown in the global economy, which was now entering what could become “a protracted period of feeble growth and elevated inflation,” the World Bank said in its Global Economic Prospects report, warning that the outlook could still grow worse.
World Bank slashes global growth forecast to 2.9%, warns of ‘stagflation’ risk
The war in Ukraine had magnified the slowdown in the global economy, which was now entering what could become “a protracted period of feeble growth and elevated inflation,” the World Bank said in its Global Economic Prospects report, warning that the outlook could still grow worse.
FCB launches 6-month retail banking campaign
This comes in the wake of their launch of the #BelieveInTheBigBank thematic promotion, with the aspiration to enable people to achieve the extraordinary through their unique and diverse service offering.
