AnalysisBusinessNovember 9, 2026

Goolsbee: Fed must address inflation failure amid AI buildout

Read original source →bloomberg.com

Chicago Fed President Austan Goolsbee said policymakers have "got to come to terms with this cost side and inflation side failure in the mandate." He flagged potential economic overheating from the artificial intelligence buildout and broadening inflation pressures, speaking Monday in Chicago.

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