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Topic

AI and the economy

The macroeconomic effects of artificial intelligence, including investment demand, productivity growth and market concentration.

Current clusters

invest2 publishers

New York Fed's Williams backs market bets on one more rate hike this year

New York Fed President John Williams called one more rate hike this year reasonable, citing AI investment demand and energy prices with inflation at 3.4%. Sixteen of 18 Fed officials project at least one more move, so borrowers should plan on a policy range of 4% to 4.25% or higher by year-end.

Reality

Evidence72
Adoption
Insufficient
Hype gap+15
Incentives
Insufficient
Confidence75