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✉news BusinessEconomy first seen 6 h ago, last 1 h ago, peak #10

Fed's Cook warns AI will keep pushing up prices near-term

Original: Fed's Cook warns AI's inflationary pressure to continue in the near-term

Federal Reserve Governor Lisa Cook warned that artificial intelligence is exerting inflationary pressure that is likely to continue in the near term. Her remarks point to growing demand from AI investment, including data centers and energy use, as a factor keeping prices elevated. The comments matter for markets watching how the Fed weighs AI-driven costs in its rate decisions.

Why now: Investors and policymakers are focused on how AI spending affects inflation and the Fed's rate path.

Lisa CookFederal Reserve

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