Fed's Cook says AI demand 'broadening' to increase inflation ...Middle East

Federal Reserve Governor Lisa Cook said Monday rising demand for artificial intelligence is leading to “broadening” inflationary impacts, with implications for the entire economy. During a keynote speech at the Oakland Tech Week conference, Cook noted that prices for Al-related goods, including chips, computers and software, have “surged” in the past year. “I believe that...

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Last updated : 28 September 2026 clock 11:27 PM

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