WORLDTHE ATLANTIC
The Global Economy Is Both Alive and Dead
The IMF reported the global economy has weathered the Iran war better than feared, with GDP growth forecast at 3% and inflation at 4.7% due to energy price increases. President Trump declared the cease-fire 'over' and resumed U.S. bombing of Iran, while the U.S. economy remains unaffected, with the S&P 500 rising 9% since the war began.
Mentioned
Related Signal
Adjacent reporting
- IMF says Iran war "halted" global economic momentum, expects hotter inflation
- UK economy shrank by 0.1% in April as Iran war held back growth
- China's economy grows faster than expected despite Iran war
- The OECD slashes its global growth forecast as the Iran war rattles energy markets
- Citing fallout from Iran war, World Bank cuts forecast for global economic growth