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The International Monetary Fund has cut its 2026 global growth forecast to 3.0%, down from 3.1% in April, citing the lingering impact of the energy shock caused by the Iran conflict and growing uncertainty over the global economic outlook.
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00:00The International Monetary Fund has cut its 2026 global growth forecast for the second time this
00:06year, citing the lingering impact of the energy shock caused by the Iran conflict. The IMF now
00:11expects the global economy to grow 3 percent next year, down from its April forecast of 3.1 percent.
00:20It's said, however, that strong AI-driven investment had helped soften the slowdown.
00:25The latest outlook comes as Washington and Tehran continue to exchange fire, adding to the
00:31uncertainty. But looking further ahead, the IMF expects global growth to pick up to 3.4 percent
00:37in 2027 as the impact of the energy shock eases. Meanwhile, global inflation is projected to rise
00:43to 4.7 percent this year, before falling to 3.9 percent in 2027. Among the major economies,
00:50the IMF expects the US to record the fastest growth this year, while China's economy is
00:56forecast to expand by 4.6 percent.
00:58entailibly in 2029.
00:58In 2029.
00:59In. 5029.
00:59In 3029.
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