Federal Reserve officials increasingly see higher oil prices and artificial intelligence heightening the risk of higher ...
Federal Reserve board of governors member Lisa Cook said Monday that rising demand for artificial intelligence is leading to “broadening” inflationary impacts, with implications for the entire economy ...
Fed Governor Lisa Cook says AI investment is adding inflation pressure through data centers, energy and construction, while ...
Looking ahead, Lisa Cook said she will consider what policy rate may be needed to continue to guide inflation down to target.
The surge in U.S. inflation, reaching a three-year high, has been fueled by rising oil prices and the lingering effects of the Trump tariffs. But another, more surprising thing, is adding to the ...
One thing the Federal Reserve could always count on to keep inflation low was falling prices for computers, cell phones and other high-tech stuff. Not anymore. The rush by giant companies such as ...
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Few technologies have had as big an impact on both everyday life and financial markets in recent years as generative artificial intelligence (AI). AI services powered by large language models have ...
Spiking energy prices, more US tariffs and mushrooming spending on artificial intelligence are reawakening investors’ inflation fears. A week that began with spiraling violence in the Middle East has ...
ZURICH, Aug 21 (Reuters) - Artificial intelligence can push inflation higher in the short term although the overall effect of the technology remains unclear, Swiss National Bank governing board member ...