Morning Star: The AI investment boom may drive the U.S. economy to heat up again
2026-11-12 19:38:34
According to CoinMeta, Morning Star's chief U.S. economist Preston Caldwell stated in a report that the current investment boom may 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, indicating that the price pressures faced by consumers are still widespread and persistent, which has raised concerns among some Fed 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 this coincided with the launch of Apple's new iPhone Duo. At the same time, growing demand for data centers has driven up electricity prices, which rose by 0.9% in October, the largest increase in six months. Analysts at TD Securities and Morgan Stanley said that these price increases are in line with the demand for chips and other electronic products driven by demand related to artificial intelligence. The boom in data center and related infrastructure construction is also contributing to overall economic growth, while Fed policymakers are currently working to ensure that strong demand does not further exacerbate inflation. If this trend continues until 2027, the Federal Reserve may need to raise interest rates multiple times.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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