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Former Fed's Evans: AI Boom Adds to Inflation Risks

Bloomberg Technology Tuesday 10 November 2026, 07:03 UTC 1 min read
Key Points

Insight with Haslinda Amin Nov 10th, 2026 Former Fed's Evans: AI Boom Adds to Inflation Risks Former Chicago Fed President Charles Evans says the AI infrastructure boom is adding to demand and could make it harder for inflation to return to target. He sees the Fed as set up for a December rate hike, with policymakers potentially needing further tightening if inflation remains sticky.

Insight with Haslinda Amin Nov 10th, 2026 Former Fed's Evans: AI Boom Adds to Inflation Risks Former Chicago Fed President Charles Evans says the AI infrastructure boom is adding to demand and could make it harder for inflation to return to target. He sees the Fed as set up for a December rate hike, with policymakers potentially needing further tightening if inflation remains sticky. He speaks with Stephen Engle from the sidelines of 'Citi China Conference'.
Fed (ORG) Evans (PERSON) Haslinda Amin Nov 10th, (PERSON) Chicago Fed (ORG) Charles Evans (PERSON) AI (ORG) Stephen Engle (PERSON)
Originally published by Bloomberg Technology Read original →

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