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Economy News

The Economic Times

Economy / The Economic Times

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IMF lowers 2026 global growth outlook to 3%, projects 3.4% growth in 2027

The International Monetary Fund has adjusted its global growth prediction for 2026, reflecting the adverse effects of warfare and rapid technological changes. Inflation is anticipated to rise before stabilizing later in the year. Furthermore, trade volumes are forecasted to experience a notable decline in growth, with a rebound expected afterward. Overall, the risks associated with the economic outlook remain skewed toward negative developments.

8 Jul 2026 6:30 pm