The Zhitong Finance App learned that two Federal Reserve officials delivered separate speeches on Monday on the prospects of the US economy and monetary policy, and both expressed concern about continued high inflation. Chicago Federal Reserve Chairman Goulsby warned that the boom in artificial intelligence (AI) data center construction may exacerbate the overheating of the US economy and prompt the Federal Reserve to take more aggressive countermeasures. Richmond Federal Reserve Chairman Barkin said that strong demand and stubborn inflation mean that interest rates still need to be raised further, but considering the risks in the economic outlook, the pace of interest rate hikes should be kept cautious.
Zhitongcaijing · 1d ago
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The Zhitong Finance App learned that two Federal Reserve officials delivered separate speeches on Monday on the prospects of the US economy and monetary policy, and both expressed concern about continued high inflation. Chicago Federal Reserve Chairman Goulsby warned that the boom in artificial intelligence (AI) data center construction may exacerbate the overheating of the US economy and prompt the Federal Reserve to take more aggressive countermeasures. Richmond Federal Reserve Chairman Barkin said that strong demand and stubborn inflation mean that interest rates still need to be raised further, but considering the risks in the economic outlook, the pace of interest rate hikes should be kept cautious.
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