(L/R) Saudi Arabia's Finance Minister Mohammed Al-Jadaan, US Federal Reserve Chair Jerome Powell, and European Central Bank President Christine Lagarde speak with each other during a meeting of the IMFC (International Monetary and Financial Committee) at the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 17, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

US Federal Reserve Chair Jerome Powell speaks with European Central Bank President Christine Lagarde (R) during a meeting of the IMFC (International Monetary and Financial Committee) at the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 17, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

US Federal Reserve Chair Jerome Powell speaks with European Central Bank President Christine Lagarde (R) during a meeting of the IMFC (International Monetary and Financial Committee) at the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 17, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

WASHINGTON, DC - APRIL 17: President and CEO of Eli Lilly David Ricks speaks at the Semafor World Economy 2026 summit on April 17, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Alex Wong/Getty Images)

WASHINGTON, DC - APRIL 17: President and CEO of Eli Lilly David Ricks speaks at the Semafor World Economy 2026 summit on April 17, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Alex Wong/Getty Images)

WASHINGTON, DC - APRIL 17: President and CEO of Eli Lilly David Ricks speaks at the Semafor World Economy 2026 summit on April 17, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Alex Wong/Getty Images)

WASHINGTON, DC - APRIL 17: President and CEO of Eli Lilly David Ricks speaks at the Semafor World Economy 2026 summit on April 17, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Alex Wong/Getty Images)

Eric Xing, US computer scientist and President of Mohamed bin Zayed University of Artificial Intelligence, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 17, 2026. (Photo by Mandel NGAN / AFP via Getty Images)