Topic
IMF Forecast
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Fortunefinance6 days ago
IMF Projects 3 Percent Global Growth for 2026 After Energy Shock
The International Monetary Fund cut its 2026 global growth projection to 3 percent from the 3.1 percent April estimate. The revision reflects higher energy prices after Iran closed the Strait of Hormuz in February. Growth is projected to rise to 3.4 percent in 2027.