IMF cuts global growth forecast to 3% for 2026 amid Middle East war, AI boom
Global economic growth is projected to slow to 3% in 2026 before recovering to 3.4% in 2027, down from an average of 3.5% recorded in 2024-25, as the war in the Middle East weighs on activity even as an accelerating artificial intelligence (AI)-drive
July 09, 2026 (MLN): Global economic growth is projected to slow to 3% in 2026 before recovering to 3.4% in 2027, down from an average of 3.5% recorded in 2024-25, as the war in the Middle East weighs on activity even as an accelerating artificial intelligence (AI)-driven technology cycle partly offsets the drag. Global headline inflation is expected to rise from 4.1% in 2025 to 4.7% in 2026, before easing to 3.9% i...