Jefferies warns AI spending spree could keep US inflation high
- Posted on June 21, 2026
- By Financial Express
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- 1 min read
Jefferies warns AI spending spree could keep US inflation high
America's massive AI spending spree is powering growth but may also keep inflation stubbornly high. Jefferies says markets now expect interest rates to stay elevated for longer, with some investors even pricing in further rate hikes.
