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Cyprus Mail9 Aug 2026

Bank of Japan warns global AI demand boom poses lasting inflation risk

Bank of Japan warns global AI demand boom poses lasting inflation risk

Global AI-related demand may exert lasting upward ​pressure on Japan’s inflation, the Bank of Japan has said, signalling its alarm ‌over mounting inflation risks that could boost the case for a near-term interest rate hike.

Artificial intelligence should boost productivity and put downward pressure on prices over the medium to long term, as workers and firms adapt to its use, ​the BOJ said....

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Bank of Japan warns global AI demand boom poses lasting inflation risk · XploreCyprus