Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › US Economy 'Quite Dependent' on AI as Growth Engine,...
Business & Finance

US Economy 'Quite Dependent' on AI as Growth Engine, Says Tani Fukui

Bloomberg Technology Friday 23 October 2026, 16:46 UTC 1 min read
Key Points

Oct 23rd, 2026 US Economy 'Quite Dependent' on AI as Growth Engine, Says Tani Fukui A resurgence in oil prices dragged down stocks and bonds, stoking concerns about inflation just days ahead of the Federal Reserve decision on interest rates. The recent selloff in AI-linked stocks is a reminder that the most popular trades tend to hurt the most when sentiment turns.

Oct 23rd, 2026 US Economy 'Quite Dependent' on AI as Growth Engine, Says Tani Fukui A resurgence in oil prices dragged down stocks and bonds, stoking concerns about inflation just days ahead of the Federal Reserve decision on interest rates. The recent selloff in AI-linked stocks is a reminder that the most popular trades tend to hurt the most when sentiment turns. Tani Fukui, Senior Director of Economic & Market Strategy at MetLife Investment Management, discusses Fed communication and what upcoming data will tell us about US inflation.
AI as Growth Engine (ORG) Tani Fukui (PERSON) US Economy 'Quite Dependent' (EVENT) Federal Reserve (ORG) MetLife Investment Management (ORG) Fed (ORG) US (LOCATION)
Originally published by Bloomberg Technology Read original →

Related Stories

Repo Market Set for Volatility in Late Clearing Push, CIBC Says

Repo Market Set for Volatility in Late Clearing Push, CIBC Says US funding markets risk facing a volatile, last-minute “scramble” to meet a key 2027 deadline for mandatory central clearing of daily transactions, strategists at Canadian Imperial Bank of Commerce warned. Just eight months ahead of the June 2027 deadline, clearing volumes of repurchase agreements have flattened after slowing in the first months of the year, according to a report from the International Swaps and Derivatives...

Bloomberg Markets 21m ago

Musk's SpaceX is still restricting Starlink in Ukraine and the toll is rising

SpaceX's Starlink internet system continues to be throttled in Ukraine as the stakes rise for the war-torn country, Ukrainian officials and a national security expert said Friday. "Every day matters for Ukraine, because every Ukrainian life matters," wrote Denys Sienik, Ukraine's deputy ambassador to the U.S., in a Friday post on X. "Our people are waiting for positive news, hoping that the restrictions will be lifted and our defenders will have the capabilities they need to protect lives,"...

CNBC 38m ago

New Jersey Devils land Olympic hero Connor Hellebuyck in blockbuster trade with Winnipeg

Three-time Vezina winner leaves Winnipeg after 11 yearsDevils send four players and two draft picks to JetsOlympic gold medalist joins US teammate Jack HughesConnor Hellebuyck finally has a new home after the Winnipeg Jets granted the three-time Vezina Trophy-winning goaltender’s trade request in a deal that sent him to the New Jersey Devils on Friday. The Devils sent center Dawson Mercer, goalie Nico Daws, prospect Alexander Command, forward Nick Bjugstad, a 2029 second-round pick and a...

The Guardian Sport 55m ago

Several feared dead as 18-storey Nairobi skyscraper suddenly collapses

Several feared dead as 18-storey Nairobi skyscraper suddenly collapses An under-construction skyscraper has collapsed in the busy densely populated Eastleigh neighbourhood of Kenya's capital Nairobi as more than a dozen floors stacked on top of each other An 18-storey skyscraper has collapsed in Kenya with many people feared trapped beneath the rubble. The building collapsed in Kenya's capital Nairobi as clouds of dust were hurled into the air as more than a dozen floors pancaked on top of...

Daily Mirror 59m ago