Daily Market Updates: IMF warns AI progress is also lifting inflation and yields

Global Markets

Home›Global Markets›Europe›IMF warns AI progress is also lifting inflation and yi…

IMF warns AI progress is also lifting inflation and yields

Reported · Written up by our desk · Europe

CNBC Economy reports that IMF chief Kristalina Georgieva said AI is boosting growth prospects while also contributing to higher inflation and rising yields.

She also cautioned that these pressures are occurring as public debt levels have increased, according to CNBC Economy.

← Newer storyUltra-rich complain about UK tax and leave for countries like Monaco Older story →Drought cuts wheat harvest and raises dairy costs in southwest England

More like this

Global MarketsBank of England picks native animals for next UK banknotes

Global MarketsWorkers sign deals for €31 million US consulate labor settlement in Milan

Global MarketsTrump to present Musk and other tech leaders with National medals

Global MarketsRubio urges Europe to boost defense and manufacturing, citing US power

Global MarketsInheritance tax proposal would cut expected revenue by half by 2030-31

Sources

CNBC EconomyWhy AI is both the hope and the hazard for world leaders, according to IMF chief Georgieva

CNBC FinanceWhy AI is both the hope and the hazard for world leaders, according to IMF chief Georgieva

Global Markets

IMF warns AI progress is also lifting inflation and yields

More like this

Sources

Get the close, explained.