The AI Boom Is Helping Power The U.S. Economy. But Cleveland's Fed President Says It Could Also Fuel Inflation.
- Posted on June 30, 2026
- By International Business Times
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- 1 min read
The AI Boom Is Helping Power The U.S. Economy. But Cleveland's Fed President Says It Could Also Fuel Inflation.
Cleveland Fed President Beth Hammack said that "insatiable" demand of AI infrastructure is fueling inflation.