Elevated energy prices, AI capex binge puts the Fed and Kevin Warsh in a tough spot
Fed Chairman Kevin Warsh and many of his devotees have argued that some short-term price pain can be tolerated in anticipation of AI eventually suppressing inflation.
Overview
Fed Chairman Kevin Warsh and many of his devotees have argued that some short-term price pain can be tolerated in anticipation of AI eventually suppressing inflation.
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Originally published at www.cnbc.com.
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