Macro· ★★★· bearish·

Goolsbee: AI infrastructure costs may fuel US inflation pressure

  • —Goolsbee: AI-driven price pressure is spreading from data centers to the wider US economy
  • —Building and running data centers raises costs for power, land and equipment
  • —The Fed could stay tight longer or hike rates if inflation pressure persists
Why it matters: The warning raises the odds of prolonged Fed tightening, a headwind for risk assets including bitcoin.
Source: TokenPost