Gold Research
World Bank warns of risks of global slowdown, renewed inflation
The World Bank warned that the global economy is only "a few months" away from a worst-case scenario in which global growth slows to 1.3% while inflation rises to 4.5%, according to comments by Chief Economist Indermit Gill reported by Reuters.
The World Bank warned that the global economy is only "a few months" away from a worst-case scenario in which global growth slows to 1.3% while inflation rises to 4.5%, according to comments by Chief Economist Indermit Gill reported by Reuters.
Gold impact rationale
Rising inflation pressure strengthens demand for gold as an inflation hedge.
- Source: FXStreet news
- 2026-07-22
- inflation
- growth_jobs
Topics: gold news, gold price impact, inflation, growth_jobs