AIAxios Techabout 2 hours ago
Warsh: AI spending may lift prices without fueling lasting inflation
3 min read
Federal Reserve chairman Kevin Warsh told lawmakers on Wednesday that the AI investment boom will likely raise measured prices over the next 12 months. Warsh distinguished those immediate price effects from persistent inflation, a nuance that could shape policymakers' response as investment remains strong.
Level
Hype check
Tap to vote and see what everyone thinks.
