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Bill Ackman Asks If the AI Boom Is Breaking the Fed’s Inflation Playbook

Billionaire investor Bill Ackman is questioning whether Federal Reserve rate hikes still reduce inflation the way policymakers expect, as AI and...

Sources (1)· Sep 25, 9:28 PM

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Analysis: What a Fed rate hike would mean for the U.S. economy and inflationFederal Reserve officials have signaled they’re prepared to raise interest rates if inflation doesn’t improve soon, but they may find their main policy tool will do little to restrain some of the forces pushing up prices now. The consumer price index report due Friday is poised to determine whether policymakers will lift rates next week, with officials…