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✉news BusinessEconomy first seen 1 d ago, last 1 d ago, peak #28

Fed's Kashkari Says AI Not Only Driver of US Economic Growth

Original: Fed’s Kashkari Says AI Not Only Driver of US Economic Growth

Minneapolis Fed President Neel Kashkari said artificial intelligence is not the only force driving US economic growth, pushing back against the idea that AI investment alone explains the economy's resilience. His comments come as markets and policymakers debate how much of recent strength rests on AI-related spending versus broader consumer and business activity.

Why now: Markets are intensely focused on whether US growth depends too heavily on AI investment, so a Fed official's assessment draws attention.

Neel KashkariFederal ReserveUnited Statesartificial intelligence

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