Fed’s Cook Warns AI Inflation May Persist as Supply-Shock Risks Grow - ActionForex
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Fed’s Lisa Cook warns AI spending could fuel inflation into 2027
AI-driven investments may strain supply chains, potentially elevating inflation risks, while productivity gains remain uncertain in timing. The post Fed’s Lisa Cook warns AI spending could fuel inflation into 2027 appeared first on Crypto Briefing .
US Federal Reserve Governor Lisa Cook said on October 1st that she views artificial intelligence (AI), and the inflationary pressures it creates, as one of the top risks for 2027. Fed officials: Inflation is too high for too long. US: Core inflation reaches 3%, Fed may continue to raise interest rates. Fed officials: No need to rush to raise interest rates.
Fed’s Cook Warns AI Inflation May Persist as Supply-Shock Risks Grow - ActionForex
Federal Reserve Governor Lisa Cook warned on October 1 that the rapid AI buildout could become an important source of inflation pressure in 2027, particularly if investment demand and supply bottlenecks prove persistent. Speaking at an event at the New York Fed with New York Fed President John Williams, Cook said “the AI build out […]
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