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AI boom fuels inflation fears, complicating Fed’s next rate move
The AI boom is causing inflation concerns as strong demand for AI infrastructure drives up prices for technology products and electricity, complicating the Federal Reserve's next interest rate decision.
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- The U.S. inflation problem is getting worse
- Cleveland Fed's Hammack says AI spending is fueling inflation, warns rate hikes may be needed
- Bank of Japan raises rates in response to inflation risks
- Bitcoin zooms above $61,000 as inflation fears soften
- India’s Factory-Gate Inflation Jumps on Higher Energy Prices