Goolsbee warns AI spending could revive Fed inflation concerns
Chicago Fed President Austan Goolsbee says the AI infrastructure boom could become a new inflation problem for the Federal Reserve, while pushing back on claims that data centers explain current economic resilience.
Chicago Fed President Austan Goolsbee is warning that America's AI infrastructure boom could become a new inflation problem for the Federal Reserve, even as he pushes back against the idea that data centers are responsible for the economy's current resilience.
His comments sharpen a critical questi…