Fed Warns AI Demand Could Fuel Inflation as Rate Hikes Remain on the Table
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There are warnings that increased demand for artificial intelligence could lead to higher inflation. Some forecasts suggest this could result in a rise in US inflation, with one projection indicating a possible 0.5 percentage point increase by the end of the year. However, not all experts agree on the impact of AI on inflation, with some expressing differing views on the potential effects.
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