The head of the International Monetary Fund has warned that the rapid advance of artificial intelligence will affect nearly 40 percent of jobs around the world.
IMF Managing Director Kristalina Georgieva pointed out the negative impact of the latest software technology on global labor market, based on a study, in a blog post.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.