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Central Bankers Warn of Rising Rates Amid AI Rush | Markets & Money News
Central bankers are converging in Bangkok as the AI boom drives a global cash scramble, resulting in rising interest rates and prompting governments to reassess spending strategies. Federal Reserve Chair Kevin Warsh warns that inflation pressures are increasing ahead of productivity gains. The G20 central bankers recognize the potential for significant market disruptions due to fluctuating sentiment around AI investments. With a heightened demand for capital, the European Central Bank
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