AI Buildout Hits Inflation as Fed Hikes Rates
Stephanie Aliaga, Global Market Strategist at JPM Asset Management, reacts to Fed Chair Warsh's remarks after raising interest rates. She argues that while oil prices are a long-term driver of inflation, the AI buildout is also having a significant impact. She argues slowing the AI frontier will help with adoption, and ultimately boost productivity. (Source: Bloomberg)
READ NEXT
More on the wire
FROM THE PUBLISHER
Leavitt's surprising status -- which CBS Sports reports stems from an upper body injury -- adds another intriguing storyline to Lane Kiffin's anticipated first trip back to Oxford
FROM THE PUBLISHER
The president's comments come after a federal judge on Tuesday blocked the performing arts center's board from adding a tribute to Trump on the building or site.
FROM THE PUBLISHER
US bases in the Middle East have suffered severe damage as a result of Iranian attacks, images and videos obtained by ABC News show.