IMF Raises Global Growth Forecast as AI Spending Offsets Energy Shock
The IMF raised its growth outlook for this year, citing strong AI investment as an offset to the energy shock from the Middle East war. It warned that downside risks are mounting.
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By David LawderThe global economy will still manage to top 3% real GDP growth this year as strong AI investment offsets the energy shock from the war in the Middle East, but downside risks are mounting and more countries are being left behind and vulnerable to rising debt loads, the International M…
The International Monetary Fund raised its global growth outlook for this year on Tuesday, saying strong investment in artificial intelligence is offsetting the energy shock caused by the war in the Middle East. The global lender cautioned, however, that downside risks are increasing.