IMF warns global economy could soon test the limits of resilience
Overview
The International Monetary Fund warns in its World Economic Outlook that the global economy "could soon test the limits of resilience" unless supply capacity is restored and policy buffers are replenished.
It cites dwindling energy inventories, low emergency oil stocks and overstretched government budgets as the main vulnerabilities.
The IMF raises its 2026 global growth forecast to 3.1% from 3% and keeps its 2027 forecast at 3.4%. It says risks are skewed to the downside, including a prolonged Middle East stalemate or escalation, and cuts its 2027 UK growth forecast to 1.2% from 1.3%.
Written by AI from the articles below · updated Oct 12, 10:08 PM ET
Check the sources:
Article timeline
The articles in this story. Times are ET.
- The Guardian · AINewsIMF warns global economy could soon test the limits of resilience
AIThe IMF says the global economy "could soon test the limits of resilience" as emergency oil stocks run low and government budgets become overstretched. In its World Economic Outlook, it raises 2026 global growth to 3.1% from 3% and keeps 2027 at 3.4%. It warns that risks are skewed to the downside, including a prolonged Middle East stalemate or escalation, and cuts UK 2027 growth to 1.2% from 1.3%.
Heat trend
Not enough continuous observations to show a trend yet.