The International Monetary Fund (IMF) said global inflation expectations have risen, though they remain stable over the longer term, noting that the energy shock from the Middle East war is not yet over and global debt pressures are mounting, with the disinflation process having stalled. Global economic growth is still expected to reach about 3% in 2026, but risks remain elevated, according to the IMF, which recommended that central banks keep their focus on price stability and encouraged fiscal authorities to draw up medium-term consolidation plans.