IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AI
The IMF is a 191-nation lending organization that works to promote economic growth and financial stability and to reduce global poverty
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Summary
The IMF expects the U.S. economy — the world's largest — to grow a solid 2.3% this year, up from 2.1% in 2025 and unchanged from the April forecast. President Donald Trump 's 2025 tax cuts, big gains in productivity and a strong stock market are also giving the American economy a lift. The group of advanced economies, which covers 41 economies, including South Korea, was projected to expand 1.7 percent in 2026, down 0.1 percentage point from the previous estimate.
Furthermore, Containers for exports are stacked at a port in Pyeongtaek, 60 kilometers south of Seoul, on July 1, 2026. (Yonhap) colin@yna.co.kr (END).
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The IMF expects the U.S. economy — the world's largest — to grow a solid 2.3% this year, up from 2.1% in 2025 and unchanged from the April forecast.
according to The IndependentPresident Donald Trump 's 2025 tax cuts, big gains in productivity and a strong stock market are also giving the American economy a lift.
according to The IndependentThe group of advanced economies, which covers 41 economies, including South Korea, was projected to expand 1.7 percent in 2026, down 0.1 percentage point from the previous estimate.
according to Yonhap NewsContainers for exports are stacked at a port in Pyeongtaek, 60 kilometers south of Seoul, on July 1, 2026. (Yonhap) colin@yna.co.kr (END)
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