IMF’s Georgieva: Central banks must weigh AI-driven growth slowdown in inflation fight

Georgieva's point cuts against the prevailing narrative that AI is a straightforward growth engine: if the boom cools, central banks could be tightening into a slowdown rather than a resilient economy. The remark matters most for rate-sensitive assets, including crypto and tokenized real-world assets, whose valuations have leaned on the same risk appetite fueling AI names. The open question is whether policymakers begin citing AI capex trends in their inflation commentary — a signal that the technology cycle is being priced as a macro variable, not just a sector story.