ITHome News on 10 月 15 日 (October 15): According to The Washington Post, the minutes of the Federal Reserve's 9 月 (September) meeting show that officials increasingly lean toward the view that the main factor driving the continued rise in goods prices is AI infrastructure construction, not tariffs.
Fed officials pointed out thatthe surge in AI investment has intensified inflationary pressures, and the Iran conflict's pushing up of crude oil and fuel prices has also fueled inflation.
ITHome learned from the report that several officials noted that goods prices, excluding food and energy, are still rising rapidly. The meeting minutes stated that there are signs the impact of AI infrastructure construction on prices is growing, while the impact of tariff increases is gradually fading.
The Washington Post's analysis of the Fed meeting minutes found that a year ago, officials rarely mentioned AI when discussing how to manage the US economy,but this year they have begun to mention it frequently。
Fed officials expect that overall inflation will not be expected to fall to the 2% target level until 2029.to the 2% target level until 2029。
Companies are investing heavily in building data centers and purchasing computers and chips, and are borrowing heavily to do so. Some officials pointed out that the AI construction boom maydrive growth in overall economic demand, exceeding companies' supply capacity, thereby pushing prices up further.
However, Fed officials generally expect that AI investment will raise productivity and expand economic output in the coming years, but how large these gains will be and when they will materialize remain difficult to determine.