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   News alert: IMF cuts global growth forecast
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   The Middle East war has stalled the inflation cool-down.
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               IMF cuts global growth 
forecast and warns the Middle East war has reignited inflation
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              The IMF trimmed its 2026 global growth forecast to 3.0% on Wednesday and raised its global inflation projection to 4.7%, warning that the war in the Middle East has stalled a disinflation trend that had been in place since early 2024. Energy prices are running about 25% 
above pre-conflict levels, with the fund penciling in an average of $89 per barrel for the year. The update was finalized before President Trump declared the U.S.-Iran ceasefire over following fresh Iranian strikes on merchant vessels in the Strait of Hormuz.
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