Hammering home the point, she added that it’s “really challenging” to slow the pace of policy tightening amid rising core inflation. Consumer price inflation excluding food and energy rose 6.3% in the 12 months through August, marking an acceleration from 5.9% in the 12 months through July.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays