Global economy to slow for third straight year (The Hill)

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The global economy will slow for the third year in a row this year, according to a World Bank prediction, The Hill reported. The World Bank expects the global economy to grow 2.4% this year, down from 2.6% in 2023 and 3% in 2022. It also forecast slower growth for the US. Overall, this will be the slowest half-decade of global GDP in 30 years.