DATE: October 17, 2026 at 07:47AM
SOURCE: SOCIALPSYCHOLOGY.ORG
TITLE: Federal Reserve Chair Warns That AI Spending Could Fuel Inflation
Source: Yahoo News - Top Headlines
Federal Reserve Chair Kevin Warsh warned of a potential "shock" to the U.S. economy delivered by a rise in artificial intelligence spending, pledging to contain price increases as a flood of private sector funds drives up demand. "If you're a central banker, you're in the business of trying to ensure stable prices and full employment, you've got to recognize this as a shock," Warsh said in Bangkok at a conference organized by the International...
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