Data center boom is pushing prices higher, according to Fed officials
Federal Reserve officials are increasingly pointing to the artificial intelligence buildout, rather than tariffs, to explain why the prices of goods keep rising.
Last updated: 2026-10-08 08:45:25 ET
Federal Reserve officials are increasingly pointing to the artificial intelligence buildout, rather than tariffs, to explain why the prices of goods keep rising.
Without them, prices would have declined slightly, researchers at the New York Fed found.
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The investment firm upgraded the household goods stock to outperform from in line.
The World Bank now expects the region to grow 4.5% this year, but flagged that trade growth outside AI-related goods has been "weak or negative."
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