AXIOS (Courtenay Brown) - IMF says Iran war "halted" global economic momentum, expects hotter inflation
The Iran war brought global economic momentum to a halt, the International Monetary Fund said on Tuesday, providing new projections for slower growth and higher inflation. Why it matters: It is the latest major economic institution to warn about stagflation-like global economic fallout from the war. The conflict upended what was shaping up to be a solid year for the global economy. - The IMF joins the Organisation for Economic Co-operation and Development, which last month scrapped a planned upgrade to its own forecasts in the wake of the Iran war. What they're saying: "Prior to the war, we were poised to upgrade our global growth forecast," the IMF says in its latest World Economic Outlook, pointing to a tech investment boom, easing…