The Zhitong Finance App learned that the Federal Reserve is increasingly aware that the artificial intelligence (AI) boom is boosting inflation. This leaves Federal Reserve officials with a problem: to reduce the price pressure amplified by the AI industry, which is comprised of well-known companies such as Amazon, Apple, and Anthropic, they may have to cool down other sectors of the economy. And these giants were relatively less affected by interest rate hikes.

Zhitongcaijing · 5d ago
The Zhitong Finance App learned that the Federal Reserve is increasingly aware that the artificial intelligence (AI) boom is boosting inflation. This leaves Federal Reserve officials with a problem: to reduce the price pressure amplified by the AI industry, which is comprised of well-known companies such as Amazon, Apple, and Anthropic, they may have to cool down other sectors of the economy. And these giants were relatively less affected by interest rate hikes.