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

Fed minutes reveal AI demand as a new inflation risk. Inflation below 3.6% in June at 2.1% YES.

The Federal Reserve’s June minutes showed AI demand driving inflation higher, leaving policymakers divided over future interest-rate hikes.

The Fed's June meeting minutes cited "AI-related price pressures" as one driver of higher core goods inflation.

"Monetary policy would need to respond to that," said Federal Reserve Bank of New York President John Williams.