AI Boom Adds Pressure to Warsh's Bond-Market Bind
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With Kevin Warsh set to take office on Friday and the war-driven price shock sending bond yields higher, analysts say a widely-used indicator is suggesting AI is worsening the Fed's inflation problem. James Egelhof, Chief US Economist at BNP Paribas, discusses the Fed's rate path, inflation pressures, and how AI ties into the mix.