Kristalina Gorgiava, Managing Director of the International Monetary Fund (IMF), revealed that the global economy still faces the risk of chronic inflation. Including higher repayment costs and investing in artificial intelligence (AI), although in the past, the economy was able to recover better than many parties worried.
Gorgiava said during the Qatar Economic Forum, which was held in New York on Sunday (20 Kor. Y.) "Inflation is a chronic problem. We don't expect a quick fix, and that means that many central banks continue to use strict monetary policies."
Gorgiawa pointed out that the implementation of strict control policies to stabilize prices has also resulted in increased costs and difficulties in debt repayment. In addition, she also added that although the IMF understands the need to create fiscal strength. But practical action is still insufficient.
In addition, Gorkiva has also highlighted the potential risks of using leverage and working capital in AI investments, stating that this is "something we must be careful of".
Gorkiawa warned, "If AI technology creates disappointment because we have very high expectations and if those things do not happen Such disappointment can lead to effects that shake the system."
Gorkiva added that the risk of financing in AI is "mainly concentrated in the United States" while many other players in Asia and Europe are also included in the AI supply chain.
Gorjiawa said that the IMF's new global economic forecast, which is scheduled to be released in October. C. It will reflect the fact that the risks will remain high.
"KEEPING THE GROWTH RATE AT ABOUT 3% IS A GREAT ACHIEVEMENT, CONSIDERING ALL THE IMPACT WE HAVE FACED," GEORGIA SAID.
Gorkiva also said she saw positive signs from the rapid action to deal with the energy supply shock.
"Even though it is said that the world is polarized and of course the world is less unified. But our world depends on each other and cooperates," Gorgia said and added that "We must be careful and careful because the risk is still high and uncertainty has become a new normal (new normal)"
IMF warns that the global economy still faces the risk of high inflation. Kristalina Gorgiava, Managing Director of the International Monetary Fund (IMF), revealed that the global economy still faces the risk of chronic inflation. Including higher repayment costs and investing in artificial intelligence (AI), although in the past, the economy was able to recover better than many parties worried. Gorgiava said during the Qatar Economic Forum, which was held in New York on Sunday (20 Kor. Y.) "Inflation is a chronic problem. We don't expect a quick fix, and that means that many central banks continue to use strict monetary policies." Gorgiawa pointed out that the implementation of strict control policies to stabilize prices has also resulted in increased costs and difficulties in debt repayment. In addition, she also added that although the IMF understands the need to create fiscal strength. But practical action is still insufficient. In addition, Gorkiva has also highlighted the potential risks of using leverage and working capital in AI investments, stating that this is "something we must be careful of". Gorkiawa warned, "If AI technology creates disappointment because we have very high expectations and if those things do not happen Such disappointment can lead to effects that shake the system." Gorkiva added that the risk of financing in AI is "mainly concentrated in the United States" while many other players in Asia and Europe are also included in the AI supply chain. Gorjiawa said that the IMF's new global economic forecast, which is scheduled to be released in October. C. It will reflect the fact that the risks will remain high. "KEEPING THE GROWTH RATE AT ABOUT 3% IS A GREAT ACHIEVEMENT, CONSIDERING ALL THE IMPACT WE HAVE FACED," GEORGIA SAID. Gorkiva also said she saw positive signs from the rapid action to deal with the energy supply shock. "Even though it is said that the world is polarized and of course the world is less unified. But our world depends on each other and cooperates," Gorgia said and added that "We must be careful and careful because the risk is still high and uncertainty has become a new normal (new normal)" Ref: https://paykalken.com #IMF #Inflation #Economy #GlobalEconomy #AI #InterestRates #CentralBanks #Markets #Finance #EconomicOutlook
IMF warns that the global economy still faces the risk of high inflation. Kristalina Gorgiava, Managing Director of the International Monetary Fund (IMF), revealed that the global economy still faces the risk of chronic inflation. Including higher repayment costs and investing in artificial intelligence (AI), although in the past, the economy was able to recover better than many parties worried. Gorgiava said during the Qatar Economic Forum, which was held in New York on Sunday (20 Kor. Y.) "Inflation is a chronic problem. We don't expect a quick fix, and that means that many central banks continue to use strict monetary policies." Gorgiawa pointed out that the implementation of strict control policies to stabilize prices has also resulted in increased costs and difficulties in debt repayment. In addition, she also added that although the IMF understands the need to create fiscal strength. But practical action is still insufficient. In addition, Gorkiva has also highlighted the potential risks of using leverage and working capital in AI investments, stating that this is "something we must be careful of". Gorkiawa warned, "If AI technology creates disappointment because we have very high expectations and if those things do not happen Such disappointment can lead to effects that shake the system." Gorkiva added that the risk of financing in AI is "mainly concentrated in the United States" while many other players in Asia and Europe are also included in the AI supply chain. Gorjiawa said that the IMF's new global economic forecast, which is scheduled to be released in October. C. It will reflect the fact that the risks will remain high. "KEEPING THE GROWTH RATE AT ABOUT 3% IS A GREAT ACHIEVEMENT, CONSIDERING ALL THE IMPACT WE HAVE FACED," GEORGIA SAID. Gorkiva also said she saw positive signs from the rapid action to deal with the energy supply shock. "Even though it is said that the world is polarized and of course the world is less unified. But our world depends on each other and cooperates," Gorgia said and added that "We must be careful and careful because the risk is still high and uncertainty has become a new normal (new normal)" Ref: https://paykalken.com #IMF #Inflation #Economy #GlobalEconomy #AI #InterestRates #CentralBanks #Markets #Finance #EconomicOutlook