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...