World Bank predicts Supply Chain Bottlenecks could slow US Economic Growth in 2022

World Bank predicts Supply Chain Bottlenecks could slow US Economic Growth in 2022

On Tuesday, the World Bank said in its Global Economic Prospects report that worldwide economic growth is expected to slow due to continuing COVID-19 pandemic, a reduction in government economic support, and ongoing bottlenecks in global supply chains. The central banks are now reducing their support for economic growth and are considering raising interest rates […]