IMF Cuts 2026 Global Growth to 3% as Iran War Hits Energy Prices
The IMF lowered its 2026 global growth forecast to 3% on July 8, down from 3.5% in 2025 and its April estimate of 3.1%, blaming the Iran war's energy shock. Oil prices are up 32% in 2026, global inflation is forecast at 4.7%, while the US economy holds steady at 2.3% growth.
Fortune / Associated Press•1 min read
