Chicago Fed President Goolsbee said the latest inflation reading was disappointing. He warned that if AI-related demand overheating is fueling inflation, it is more concerning and must be addressed.
Goolsbee called the month's inflation data disappointing.
He said AI-driven demand overheating as an inflation source is more concerning and must be addressed.
Chicago Fed President Austan Goolsbee commented on the latest inflation data, calling it disappointing. He specifically noted that if inflation is being driven by demand overheating related to AI investment, that scenario is more concerning and would require a policy response.
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