Mark Zandi, chief economist at Moody's Analytics, went on CNBC this morning with a take that should land uncomfortably for anyone betting on rate cuts before year-end. The headline number is bad ...
The Federal Reserve’s newest rate-hike risk? Artificial intelligence. New York Fed President John Williams said Thursday that AI-driven demand is now one of the inflation risks he is watching most ...
Most economic indicators show that the explosion in artificial intelligence infrastructure spending is having a positive effect on the U.S economy. U.S. gross domestic product rose at an annual rate ...
AI data centers require all kinds of materials — from copper to computer chips — which is driving up prices for other products that also need those resources. The personal consumption expenditures ...
While everyone marvels at the scale of the AI investment frenzy this earnings season, its flipside is also under the microscope ...
This is read by an automated voice. Please report any issues or inconsistencies here. American consumers — and the Federal Reserve — are being hit with another high-cost headache. The gusher of ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Business leaders are navigating a complex 2026, with geopolitical risks escalating, marked ...
AI-related spending is driving inflation and could lead to higher Federal Reserve interest rates. While AI may boost productivity and lower prices long term, its current demand is raising costs.
US Federal Open Market Committee (FOMC) minutes offered the first fuller glimpse of the Federal Reserve policy debate under Chair Kevin Warsh. AI isn't just a technology theme. It's an infrastructure ...
Artificial intelligence is “juicing up” inflation rather than delivering the cost savings many had anticipated, according to Mark Zandi, chief economist at Moody's Analytics. In an interview with CNBC ...
AI chip demand forces AAPL to pass higher costs to consumers while NVDA-powered data centers drive electricity prices up, lifting goods inflation to 5%. May PCE hit 4%, and while an energy pullback ...