INVESTINGLIVEEamonn Sheridan
Fed's Goolsbee warns AI hype and oil shock are combining to push rates higher
Chicago Fed President Goolsbee warned that anticipated AI productivity gains are inflationary and that an oil shock makes the problem worse, saying the bigger the AI hype, the more rates may need to rise. Summary: Source: Chicago Federal Reserve President Austan Goolsbee, remarks
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