Data center buildings are under construction during a tour of the OpenAI data center in Abilene, Texas, on Sept. 23, 2025. With AI firms spending as if money is no object, economists see the pain of ...
CLEVELAND - The artificial intelligence boom, increasingly acknowledged at the Federal Reserve as helping drive inflation, has left central bankers faced with cooling the rest of the economy to lower ...
– AI investment is adding to demand and price pressures, complicating the Fed’s efforts to reach 2% inflation. – Higher borrowing costs could hit small businesses, housing and consumers more heavily ...
The artificial intelligence boom, increasingly acknowledged at the Federal Reserve as helping drive inflation, has left central bankers faced with cooling the rest of the economy to lower price ...
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