{"id":272976,"date":"2026-04-14T10:59:40","date_gmt":"2026-04-14T14:59:40","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=272976"},"modified":"2026-04-14T11:00:20","modified_gmt":"2026-04-14T15:00:20","slug":"imf-trims-global-growth-forecast-due-to-iran-war-and-warns-of-bigger-possible-hit","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/imf-trims-global-growth-forecast-due-to-iran-war-and-warns-of-bigger-possible-hit\/","title":{"rendered":"IMF trims global growth forecast due to Iran war and warns of bigger possible hit"},"content":{"rendered":"
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SOURE:CNN<\/strong>– The International Monetary Fund has modestly reduced its forecast for global economic growth this year, but warned the damage from the war with Iran could be much more severe if the conflict dragged on and oil prices rose further.<\/p>

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\u201cThe global outlook has abruptly darkened following the outbreak of war in the Middle East,\u201d Pierre-Olivier Gourinchas, economic counsellor at the IMF, wrote in the fund\u2019s latest World Economic Outlook report<\/a>, published today. The conflict could still cause a global \u201cenergy crisis on an unprecedented scale,\u201d he added.<\/p>\n\n\n\n

The IMF now expects global growth of 3.1% in 2026, a 0.2 percentage point downgrade from its January forecast. This modest revision assumes that the war will be \u201crelatively short-lived,\u201d it said. Global inflation is also seen rising to 4.4% this year.<\/p>

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However, the fund also outlined two scenarios for a longer-lasting conflict. Under the more severe of these \u2014 in which oil and natural gas prices spike 100-200% relative to January and stay at that level into 2027 \u2014 global economic growth would come in at only 2% this year.<\/p>

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That would amount to \u201ca close call for a global recession,\u201d defined as economic growth below 2%, which has happened only four times since 1980, the IMF said.<\/p>\n\n\n\n

Before the war, the global economy was performing better than expected, with growth on track to be revised upward this year, it noted. In one positive development, the downward revision was partly offset by reduced US tariff rates compared with last year, the IMF said.<\/p>

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CNN\u2019s Olesya Dmitracova contributed reporting.<\/em><\/p>\n\n\n\n

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SOURE:CNN– The International Monetary Fund has modestly reduced its forecast for global economic growth this year, but warned the damage from the war with Iran could be much more severe if the conflict dragged on and oil prices rose further. \u201cThe global outlook has abruptly darkened following the outbreak of war in the Middle East,\u201d […]<\/p>\n","protected":false},"author":12,"featured_media":272977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-272976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nIMF trims global growth forecast due to Iran war and warns of bigger possible hit - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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