FED OFFICIALS GOOLSBEE AND BARKIN WARNED OF PERSISTENT INFLATION, WITH AI DATA-CENTER INVESTMENT AND RISING SERVICES COS | Hanami
FED OFFICIALS GOOLSBEE AND BARKIN WARNED OF PERSISTENT INFLATION, WITH AI DATA-CENTER INVESTMENT AND RISING SERVICES COSTS ADDING TO PRICE PRESSURES. GOOLSBEE SAID THE FED MUST ADDRESS INFLATION REMAINING ABOVE ITS 2% TARGET.
BARKIN SUPPORTED FURTHER RATE HIKES BUT URGED CAUTION, CITING WEAKENING DEMAND RISKS AND BROAD-BASED BUSINESS COST PRESSURES.