According to CoinMeta, Morningstar indicates that the AI investment boom could drive the U.S. economy back into growth, increasing pressure for the Federal Reserve to raise interest rates. U.S. inflation data for October exceeded expectations, showing that the price pressures faced by consumers are still widespread and persistent, which has raised concerns among some Federal Reserve officials who believe that more aggressive measures may be needed to curb inflation. Over the past three months, the price of computers and peripheral devices purchased by consumers has risen by 25% on an annualized basis. The price of smartphones saw the largest increase on record last month, and growing demand for data centers has driven up electricity demand, with U.S. electricity prices rising by 0.9% in October, the largest increase in six months. Analysts at TD Securities and Morgan Stanley said that these price increases are consistent with the growth in demand for chips and other electronic products driven by demand related to artificial intelligence. Morningstar's chief U.S. economist, Preston Caldwell, stated in the report that recent data adds to the possibility that the huge demand stimulus brought about by the artificial intelligence boom is driving the U.S. economy back into growth. If this trend continues until 2027, the Federal Reserve may need to raise interest rates multiple times.