U.S. inflation pressures are heating up across the board. Chicago Fed president warns: the AI investment boom could lead to an overheating economy.
Zhitong Finance APP has learned that Chicago Fed President Goolsbee said on Wednesday that the U.S. September Consumer Price Index (CPI) report shows inflationary pressures are spreading broadly, a trend that is concerning. He also warned that the construction of artificial intelligence (AI) data centers and the related investment boom could cause the U.S. economy to overheat, further increasing the difficulty for the Federal Reserve to control inflation.
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