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IMF's Georgieva says any slowdown in AI-driven growth would be factor for central banks
- Central bankers should eye AI growth slowdowns in inflation fight, warns IMF chief, as AI investment concerns create market volatility
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WASHINGTON: Central bankers around the world would need to consider any slowdown in AI-driven growth as they assess steps in their fight against inflation, International Monetary Fund Managing Director Kristalina Georgieva said on Friday.
Georgieva said concerns about dependence on the AI investment boom and high valuations were impacting markets around the world.
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“Things are going up and down, and this is likely to continue,” she told an audience of hundreds at the IMF headquarters in Washington, adding that the volatility would complicate the job of central banks at a time when risks to price stability had been growing.