IMF cuts 2026 world growth forecast, citing Iran war fallout

North America Business Sat, 11 Jul 2026 02:59:58 GMT Moderate confidence — 67/100

Global economy to grow 3 percent in 2026, as AI demand partly offsets energy shock from Iran war, IMF says.
The International Monetary Fund (IMF) has cut its 2026 global growth forecast for the second time this year, citing the “lingering effects” of the energy shock caused by the US-Israel war on Iran.
The global economy is expected to grow 3 percent in 2026, down from April’s forecast of 3.1 percent, a “modest slowdown” partly offset by AI-driven demand, the IMF said in its latest outlook, released on Wednesday.

Global economy to grow 3 percent in 2026, as AI demand partly offsets energy shock from Iran war, IMF says.
The International Monetary Fund (IMF) has cut its 2026 global growth forecast for the second time this year, citing the “lingering effects” of the energy shock caused by the US-Israel war on Iran.
The global economy is expected to grow 3 percent in 2026, down from April’s forecast of 3.1 percent, a “modest slowdown” partly offset by AI-driven demand, the IMF said in its latest outlook, released on Wednesday.

Sources: Al Jazeera