According to Jin10, World Bank Chief Economist Gill said the global economy is only "months" away from its worst-case scenario. Under that outlook, global growth would slow to 1.3%, while inflation is expected to rise to 4.5%. The update was published by ChainCatcher as a 7x24 news flash. This brief centers on Gill’s warning about the short time frame and the two headline macro figures he cited: weaker global growth and higher inflation. No further details were provided in the source beyond the attribution to Jin10 and the quoted timeline of "months."
According to Jin10, World Bank Chief Economist Gill said the global economy is only "months" away from its worst-case scenario, with global growth set to slow to 1.3% and inflation expected to rise to 4.5%.
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