AI productivity gains may not curb inflation, IMF's Tenreyro warns

LONDON, Aug 20 : Even if artificial intelligence boosts productivity, it may not lower inflation, the International Monetary Fund's new chief economist Silvana Tenreyro warned in research published by Bank of England staff on Thursday.At first glance, higher economic productivity — producing more output for the same am

Economists are finally coming to grips with the reality that President Trump’s tariff policies did not have the inflationary effects they predicted.

The net contribution of tariffs and productivity gains to core PCE inflation was just 0.5 percentage point, researchers found