World Bank’s Reinhart: Global economy passing through a period of “exceptional uncertainty”

World Bank Chief Economist Carmen Reinhart said on Tuesday, further downgrades to the growth outlook remain on the table, as the global economy passes through a period of “exceptional uncertainty,” per Bloomberg.

Her comments come a day after the Washington-based lender slashed its estimate for global growth in 2022 to 3.2% from a January prediction of 4.1%, in the face of a protracted Russia-Ukraine war.

more to come ...