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Lisa Cook

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    Fed's Cook warns AI could keep pushing inflation up▼Fed's Cook warns AI's inflationary pressure to continue in the near-term✉newsBusinessEconomy1 h ago

    Federal Reserve Governor Lisa Cook warned that artificial intelligence is exerting inflationary pressure that is likely to persist in the near term. Her remarks suggest AI-driven demand, particularly for energy and computing infrastructure, is feeding into price pressures that policymakers must weigh. The comments add a new dimension to the debate over how the AI boom is affecting the US economy and interest rate decisions.