IMF Cuts Global Growth to 3.1% in 2026 Amid Middle East War, Inflation at 4.4%

IMF forecasts global growth slowing to 3.1% in 2026 and 3.2% in 2027 from prior 3.4% estimate due to Middle East war disruptions. Headline inflation rises to 4.4% in 2026 before falling to 3.7% in 2027, hitting emerging markets hardest. US inflation data undershoots boost rate-cut odds, weakening dollar and yields.