BIS says debt, AI boom and fragilities raise global risks

Global pressures from rising public debt to ⁠financial ⁠fragilities and the sustainability of the AI ⁠boom are increasing risks, underscoring the need for disciplined policymaking, according to the Bank for ​International Settlements. The central bank umbrella group’s Annual Economic Report published on Sunday warned of a complex mix of vulnerabilities, including strained fiscal positions, lingering ‌supply shocks and the risk of a ‌renewed bout of stubbornly high inflation. While economic…

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