Cleveland Fed's Hammack says AI spending is fueling inflation, warns rate hikes may be needed

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Cleveland Fed's Hammack says AI spending is fueling inflation, warns rate hikes may be needed

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Beth Hammack cited "insatiable" demand for AI infrastructure as a price pressure and said higher rates may be required to bring inflation back to target ...

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Cleveland Fed President Hammack sees AI fueling inflation, says rate hikes may be necessary

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Cleveland Fed's Hammack says AI spending is fueling inflation, warns rate hikes may be needed

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Cleveland Fed President Hammack sees AI fueling inflation, says rate hikes may be necessary

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