No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 29, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

World Bank cuts 2025 growth outlook to 2.3% as trade tariffs weigh

by TheAdviserMagazine
5 months ago
in Economy
Reading Time: 2 mins read
A A
World Bank cuts 2025 growth outlook to 2.3% as trade tariffs weigh
Share on FacebookShare on TwitterShare on LInkedIn


Cargo shipping containers are loaded with cranes on container ships at the Burchardkai container terminal at the harbour of Hamburg, northern Germany, on June 3, 2025.

Fabian Bimmer | Afp | Getty Images

The World Bank sharply cut its global economic growth projections Tuesday, citing disruption from trade uncertainty in particular.

It now expects the global economy to expand by 2.3% in 2025, down from an earlier forecast of 2.7%.

“This would mark the slowest rate of global growth since 2008, aside from outright global recessions,” the Bank said in its Global Economic Prospects report.

Trade uncertainty, especially, has weighed on the outlook, the World Bank suggested.

“International discord — about trade, in particular — has upended many of the policy certainties that helped shrink extreme poverty and expand prosperity after the end of World War II,” Indermit Gill, senior vice president and chief economist of The World Bank Group, said in the report.

It also cut its 2025 growth forecast for the U.S. by 0.9 percentage points to 1.4%, and reduced its euro area GDP expectations by 0.3 percentage points to 0.7%.

The Bank noted that an escalation of trade tensions could push growth even lower, but the picture could improve if major economies strike lasting trade agreements.

“Our analysis suggests that if today’s trade disputes were resolved with agreements that halve tariffs relative to their levels in late May, 2025, global growth could be stronger by about 0.2 percentage point on average over the course of 2025 and 2026,” Gill said.

The U.S. and many of its trading partners are currently in negotiations after U.S. President Donald Trump imposed steep tariffs on numerous countries in April. This week, for example, the U.S. and China are meeting in London after the two countries agreed to temporarily reduce levies following talks in May.

Negotiations are also still ongoing between the U.S. and European Union with less than a month to go before previously announced tariffs are set to come into full force.

In cutting its global growth expectation, the World Bank follows various other bodies, including the Organisation for Economic Co-operation and Development, which also cited the fallout from trade and tariff-related uncertainty as the key factor.

The OECD said earlier this month that it was expecting global growth to slow to 2.9% in 2025, also caveating its forecast with the potential for future tariff developments. It had previously forecast global growth of 3.1% this year.



Source link

Tags: bankcutsgrowthOutlookTariffstradeweighworld
ShareTweetShare
Previous Post

AI in Investment Management: 5 Lessons From the Front Lines

Next Post

These Vacation Habits Waste Money

Related Posts

edit post
Ice Barbie Kristi Noem on the Bleeding Edge of Trump Era Conflict

Ice Barbie Kristi Noem on the Bleeding Edge of Trump Era Conflict

by TheAdviserMagazine
October 29, 2025
0

The MSM calls her ICE Barbie, but Kristi Noem, and the sprawling empire she rules as Secretary of the Department...

edit post
From NEOM to AI and tourism, Saudi Arabia’s priorities are shifting

From NEOM to AI and tourism, Saudi Arabia’s priorities are shifting

by TheAdviserMagazine
October 29, 2025
0

Digital render of NEOM's The Line project in Saudi ArabiaThe Line, NEOMWhen Saudi Arabia first announced plans to reinvent its...

edit post
The Trump Administration Is Lying Us Into Another War

The Trump Administration Is Lying Us Into Another War

by TheAdviserMagazine
October 29, 2025
0

Last week, President Trump ordered an aircraft carrier strike group into the waters off Venezuela. The deployment of the USS...

edit post
How Tariffs Hurt the Ones You Love

How Tariffs Hurt the Ones You Love

by TheAdviserMagazine
October 29, 2025
0

Yves here. Props to the VoxEU authors for a clever headline as well as an informative post. First, they’ve done...

edit post
Bill Gates: Climate Change Crisis Averted

Bill Gates: Climate Change Crisis Averted

by TheAdviserMagazine
October 29, 2025
0

Bill Gates is calling for a “strategic pivot” on climate change in a 17-page manifesto in which he declares that...

edit post
Grokpedia | Armstrong Economics

Grokpedia | Armstrong Economics

by TheAdviserMagazine
October 29, 2025
0

Grokipedia stays updated with real-time edits powered by Grok Automated fact-checks happen with no human bias and no errors Grok...

Next Post
edit post
These Vacation Habits Waste Money

These Vacation Habits Waste Money

edit post
10 Ways to Save Money On Tires For Your Car Without Buying Used Tires

10 Ways to Save Money On Tires For Your Car Without Buying Used Tires

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
The 401(k) Tax Break Is Changing

The 401(k) Tax Break Is Changing

0
edit post
Top Hat Unveils AI-Powered Content Enhancer to Fuel Title II Accessibility Compliance

Top Hat Unveils AI-Powered Content Enhancer to Fuel Title II Accessibility Compliance

0
edit post
Analyst Says Salesforce (CRM) Core Business ‘Not Doing Well’ – Company ‘Suffered’ Due to Early AI Launch

Analyst Says Salesforce (CRM) Core Business ‘Not Doing Well’ – Company ‘Suffered’ Due to Early AI Launch

0
edit post
What Every Investor Needs to Know

What Every Investor Needs to Know

0
edit post
What It Means for Your Disability Benefits – Disability Attorneys of Michigan

What It Means for Your Disability Benefits – Disability Attorneys of Michigan

0
edit post
Ice Barbie Kristi Noem on the Bleeding Edge of Trump Era Conflict

Ice Barbie Kristi Noem on the Bleeding Edge of Trump Era Conflict

0
edit post
Japan’s Biggest Card Firm Joins The Network

Japan’s Biggest Card Firm Joins The Network

October 29, 2025
edit post
Why Nearly Half of Gen Z Now Buys Secondhand Monthly to Beat Inflation

Why Nearly Half of Gen Z Now Buys Secondhand Monthly to Beat Inflation

October 29, 2025
edit post
Mastercard poised to acquire crypto startup Zerohash for nearly  billion, sources say

Mastercard poised to acquire crypto startup Zerohash for nearly $2 billion, sources say

October 29, 2025
edit post
Yunus fears attempts to thwart planned Bangladesh polls

Yunus fears attempts to thwart planned Bangladesh polls

October 29, 2025
edit post
What Every Investor Needs to Know

What Every Investor Needs to Know

October 29, 2025
edit post
Ice Barbie Kristi Noem on the Bleeding Edge of Trump Era Conflict

Ice Barbie Kristi Noem on the Bleeding Edge of Trump Era Conflict

October 29, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Japan’s Biggest Card Firm Joins The Network
  • Why Nearly Half of Gen Z Now Buys Secondhand Monthly to Beat Inflation
  • Mastercard poised to acquire crypto startup Zerohash for nearly $2 billion, sources say
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.