AI boom | SchiffGold

September 29, 2026 ・Original Analysis

Fed Governor Cook Admits AI Boom Is Fueling Inflation, Says Rate Hikes Cannot Fix It

Federal Reserve Governor Lisa Cook delivered a speech titled “An Update on AI and the Economy” on September 28th at the Oakland Tech Week Opening Keynote, cohosted by the Kapor Center in Oakland, California. Cook discusses why she voted with the rest of the Federal Open Market Committee (FOMC) to raise interest rates by 25 […]

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