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Lisa Cook

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    Fed's Cook warns AI demand could push inflation higher▼Fed’s Cook says AI demand ‘broadening’ to increase inflation✉newsBusinessBanking7 h ago

    Federal Reserve Governor Lisa Cook said demand driven by artificial intelligence is 'broadening' and is likely to add to inflation pressures. Her comments suggest the AI investment boom is now feeding through to prices across more of the economy, a factor Fed officials may weigh as they assess the inflation outlook and the path for interest rates.