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وكالة بغداد اليوم الاخبارية
IMF Revises Eurozone Growth Forecast
The International Monetary Fund has lowered its forecast for the Eurozone's economic growth this year to 0.9%, down from its previous estimate of 1.4%, due to the fallout from the U.S.-Israel conflict against Iran. The IMF also raised its inflation forecast to 2.8%, warning that the ongoing energy shock caused by the war could lead to higher inflation and a decline in economic confidence, which may limit growth and push the economy toward stagflation. In response, the European Central Bank raised interest rates for the first time since 2023 to 2.25% to combat rising inflation.
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