Bank of America CEO Brian Moynihan recently predicted that the Federal Reserve will start in September and continue to raise interest rates at the next three meetings this year. At the same time, he pointed out that since the return from data center construction is high enough, enterprises can absorb higher financing costs, and higher interest rates will not derail the current capital expenditure cycle in the AI field.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.