12-June-2026
Economy News
 
IMF Cuts 2026 Euro Zone Growth Forecast With Higher Inflation, Warns Worse Could Come
12-Jun-2026

The International Monetary Fund cut its growth forecast for the euro zone on Thursday and raised its expectation for inflation because of the U.S.-Israeli war on Iran, adding that the economic situation could worsen if high energy prices persisted. In its regular report on the economy of the 21 countries that share the euro currency, the IMF said economic growth this year would be 0.9%, down from 1.1% forecast in April while inflation would be 2.8%, up from 2.6% forecast in April.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-11/imf-cuts-2026-euro-zone-growth-forecast-with-higher-inflation-warns-worse-could-come