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Lisa Cook

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    Fed's Cook warns AI will keep pushing up prices near-term▼Fed's Cook warns AI's inflationary pressure to continue in the near-term✉newsBusinessEconomy19 h ago

    Federal Reserve Governor Lisa Cook warned that artificial intelligence is exerting inflationary pressure that is likely to continue in the near term. Her remarks point to growing demand from AI investment, including data centers and energy use, as a factor keeping prices elevated. The comments matter for markets watching how the Fed weighs AI-driven costs in its rate decisions.