IMF Downgrades Global Economic Growth Forecast To 3% Amid Iran War
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The International Monetary Fund (IMF) has downgraded its 2026 global economic growth forecast to 3%, down from 3. 5% posted in 2025 with the impact of the Iran war expected to negate gains made by the ongoing AI boom.
According to the IMF, oil prices will average ~32% higher in the current year compared to the previous year while global consumer prices are set to jump 4. 7%, halting two years of cooling inflation.
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Original source: OilPrice.com