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WBG lowered its global economic growth forecast to 2.5%, the lowest since the COVID pandemic.

2026-06-11

WBG lowered its global economic growth forecast to 2.5%, the lowest since the COVID pandemic.

Other News
2026-06-11

Pakistan's foreign ministry spokesman said the diplomatic communication channel through Pakistan between the US and Iran has remained open.

Pakistan's foreign ministry spokesman said the diplomatic communication channel through Pakistan between the US and Iran has remained open.
2026-06-11

Forex strategist Karamanis says euro options show traders expect the ECB to pass today calmly because rate hikes are already fully priced; the meeting is largely viewed as procedural. If officials signal hikes consecutively in July rather than a paus

Forex strategist Karamanis says euro options show traders expect the ECB to pass today calmly because rate hikes are already fully priced; the meeting is largely viewed as procedural. If officials signal hikes consecutively in July rather than a pause until September (swap market current prices that probability below 50%), the euro could move. A larger FX shake-up would require material repricing of three hikes by year-end. Karamanis expects Lagarde to mainly reiterate data-dependence and provide little explicit forward guidance.
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