First reported by Cointelegraph
Fed Minutes Show AI Infrastructure Demand Fueling Inflation, Dividing Policymakers on Rate Hikes
AI-Driven Growth Revives Inflation Concerns, Clouding Fed Rate Plan
From the article
Federal Reserve officials were divided last month on whether to raise interest rates or keep them steady, as meeting minutes released Wednesday pointed to accelerating demand for artificial intelligence infrastructure as a factor sustaining inflation. The minutes cover the first Federal Open Market Committee (FOMC) meeting under Chair Kevin Warsh and highlight how strong AI-driven [...]
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