BUSINESSJul 8 · 22:30 UTCSEMAFORBrendan Ruberry

IMF slashes growth outlook on Iran conflict

The IMF reduced its 2026 global growth forecast to 3% due to high energy prices from the Iran conflict, which is slowing economic growth and raising inflation. The fund noted AI demand helped avoid a sharper downturn and expects growth to rebound in 2027, while the US Federal Reserve remains divided over interest rate adjustments amid uncertainty about prolonged energy price impacts.

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IMForganizationIran conflicttopicUS Federal ReserveorganizationApolloorganizationAItopicenergy pricestopicInflationtopic

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