Seoul: AI and Middle East War Driving Up Inflation

Governor of the Bank of Korea (BOK), stressing the importance of controlling inflation, said the global AI investment boom and prolonged conflicts in the Middle East are together pushing up consumer prices.

The governor of South Korea's central bank (BOK) stressed the importance of controlling inflation, stressing that a global investment boom in artificial intelligence (AI) and protracted conflicts in the Middle East have worked hand in hand to push up consumer prices.