AI boom drives up inflation: Why is it difficult for the Fed to raise rates with precision?

Zhitong Finance APP has learned that the Federal Reserve is increasingly recognizing that the artificial intelligence (AI) boom is fueling inflation. This presents Fed officials with a dilemma: to suppress the price pressures amplified by the AI industrycomposed of well-known companies such as Amazon, Apple, and Anthropicthey may have to cool other sectors of the economy. Yet these giants are relatively less affected by interest rate hikes.