Latest Financial Instability News & Updates

Washington, April 14 (IANS) The rapid advances in artificial intelligence (AI) have yet to translate into measurable gains in global productivity, even as the technology holds the potential to significantly boost economic growth in the coming years, the International Monetary Fund (IMF) has said.Speaking during a group interview with reporters from India, Japan, the UAE, the Netherlands and Chile, IMF Chief Economist Pierre-Olivier Gourinchas said current macroeconomic data does not yet reflect …