IMF says global economy weathered Iran war better than expected
New Delhi, July 9 -- The International Monetary Fund on Wednesday said the global economy navigated the Iran war better than anticipated. That resilience, combined with strong artificial-intelligence-related investment, led the IMF to leave its global growth outlook largely unchanged at 3% this year, just 0.1 percentage point below its April forecast, and while raising its 2027 forecast to 3.4% from 3.2%.
Inflation continues to be a risk, with the IMF raising its expectations for global headline inflation to 4.7% this year, up from 4.1% last year, before easing to 3.9% in 2027. The fund also said the risk outlook is more balanced than it was in April, although risks remain tilted to the downside.
Though economists said the economy overa...
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