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World Bank Warns of More Downgrades to Growth Outlook During ‘Exceptional Uncertainty’

Bloomberg business news
WATCH: Carmen Reinhart, chief economist at the World Bank, explains why the development lender cut its forecast for global economic growth.Source: Bloomberg

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World Bank Chief Economist Carmen Reinhart said the global economy is passing through a period of “exceptional uncertainty” and added that she wouldn’t rule out further downgrades to the growth outlook.