EconomyAI boom, energy shocks are fueling global inflation, IMF chief warns
IMF Managing Director Kristalina Georgieva warned that rapid AI development, high energy prices, rising tariffs and surging defense spending are pushing up global inflation. Fertilizers, food and key industrial commodities are also getting more expensive, while El Niño-related adverse weather poses added food-security risks. She said the shocks have so far been contained.
AI boom, energy shocks are fueling global inflation, IMF chief warns