Global Market: U.N. cuts global growth forecast as Middle East crisis fuels inflation risks
- Posted on May 20, 2026
- By Business News Today
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- 1 min read
Global Market: U.N. cuts global growth forecast as Middle East crisis fuels inflation risks
The UN has lowered its global growth forecast to 2.5% for 2026, warning that Middle East tensions are fueling inflation, disrupting supply chains, and weighing on economic activity worldwide. Inflation is expected to rise across both developed and emerging markets, while growth outlooks have been cut for most major economies.
