Tuesday, June 7, 2022

World Bank warns of global 1970s stagflation ahead

The World Bank has warned the global economy may be heading for a
period of stagflation, where prices rise but growth remains weak.

In response the Bank has downgraded its growth forecast from 4.1% to 2.9%.

Nick Harper reports from Washington.

IN: "The World Bank..."
OUT: SOC
DUR: 38 seconds

http://www.fsnradionews.com/feeds/0607bank-nh.mp3