Fed blames AI for a 3.4% rise in core inflation as of May 2026. Inflation at 3.8% in June priced at 50.7% YES.

Fed blames AI for a 3.4% rise in core inflation as of May 2026. Inflation at 3.8% in June priced at 50.7% YES.

Federal Reserve officials discuss potential rate hikes as PCE inflation hits 4.1%, driven by tariffs, oil prices, and AI investment. What it means for