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The IMF forecasts global economic growth of 3.1 per cent in 2026, up from its previous estimate of 3 per cent. Global inflation is expected to reach 4.7 per cent this year before easing to 4.1 per cent in 2027. The Fund warns that higher energy prices and interest rates could slow UK growth to 1.2 per cent next year. The global economy could soon struggle to withstand another major shock as emergency oil stocks dwindle and governments face mounting financial pressures, the International Monetary