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Elevated energy prices, AI capex binge puts the Fed and Kevin Warsh in a tough spot

Posted on July 28, 2026
By CNBC
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1 min read

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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.