World Bank: Global economy is healthy but growth will slow

WASHINGTON (AP) — The steadily expanding global economy should remain resilient — at least for a couple of years — the World Bank says.

The anti-poverty agency predicted Tuesday that global growth will decelerate from a solid 3.1 percent this year to 3 percent next year and 2.9 percent in 2020.

The world economy is generally healthy but must contend with rising interest rates in wealthier countries and weaker demand for commodities in developing nations. It also faces risks from trade disputes, financial volatility and geopolitical tensions.

The World Bank predicts that U.S. growth will regist...

 

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