The International Settlement Bank: The global economy is facing multiple pressures, including high debt levels and the AI boom.
The Bank for International Settlements (BIS) stated that from rising public debt to financial vulnerability, and to the sustainability of the artificial intelligence boom, these global pressures are exacerbating risks, highlighting the need for prudent policy making. In its "Annual Economic Report" released on Sunday, the BIS warned that there are currently a series of complex vulnerabilities, including tight fiscal conditions, ongoing supply shocks, and the risk of inflation remaining high. The bank stated that although economic activity has shown resilience in recent months, decision-makers must take decisive action to maintain stability. "Policy measures must be coordinated to avoid constraints on the global economy. Ultimately, success depends on sound fiscal and financial foundations," said BIS General Manager De Cos.
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