IMF says Iran war "halted" global economic momentum, expects hotter inflation

The IMF warns that the Iran war has halted global economic momentum, leading to revised forecasts of slower growth and higher inflation. The conflict disrupted economic stability, with the IMF projecting 3.1% global growth for 2026 and 4.4% inflation this year. The U.S. economy is expected to grow 2.3% but faces rising inflation risks.