Stock Bubble Dread Grips Central Bankers in Washington: Eco Week

Central bankers, already uneasy about trade tensions and swelling public debt, will collectively confront a new worry in the coming week: the danger of a market crash.

Global policymakers and finance ministers will gather in Washington for the International Monetary Fund/World Bank fall meetings after a chorus of warnings that a stock bubble focused on artificial intelligence companies might burst before long.

Kristalina Georgieva, the fund’s managing director, acknowledged the financial stability risk in a speech on Wednesday that previewed topics for discussion in the coming days.

Kristalina Georgieva

Photographer: Shoko Takayasu/Bloomberg

“Valuations are heading toward levels we saw during the bullishness about ...