IMF Cuts 2026 Global Growth to 3.1%, Inflation to 4.4% on Iran War Energy Shock

The IMF downgraded 2026 global growth to 3.1% from January forecasts due to Middle East energy disruptions from the conflict. Headline inflation rises to 4.4%, driven by a 19% energy price surge in the reference scenario. Emerging markets face the steepest cuts, with growth at 3.9%.