World Bank President Ajay Banga told CNBC that capital remains available despite concerns that AI demand is pushing interest rates higher, calling it "not really an issue." He said the World Bank mobilized $112 billion last year, around three times the amount recorded three years earlier, and that emerging markets are not showing the same hesitancy because their investments focus on infrastructure such as bridges and roads, while developed economies need funding for large AI use cases. Banga noted that investors may be concerned about circular financing and the AI business model, but he still believes AI will be transformative and profitable, though "everybody sees bumps in the road from here to there." He also said the private capital the World Bank oversees does not go to governments, which helps it avoid fears of debt crisis and rising bond yield challenges.
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Related tickers and likely impact
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/26/2026 | 712.11 |
| Change that session | +1.09% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/26/2026 | 765.22 |
| Change that session | +0.69% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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