The global economy has proved surprisingly resilient, says Petya Koeva Brooks, the Deputy Director of IMF at the annual World Economic Forum. The IMF has upgraded their forecast to 3.3% growth this year, but say that opposing forces are at play such as trade and policy uncertainty, potentially dragging growth down. Another key concern is the potential for disappointment regarding AI's productivity gains. If this leads to a stock market correction, the resulting wealth effect would broadly reduce economic activity, says Brooks. #imf#usa#uspolitics#globalism#politics#worldbank#worldeconomicforum#AI
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