Why the AI boom makes inflation harder to tame

Why the AI boom makes inflation harder to tame

By David Goldman, CNN (CNN) — The US economy may have a new problem: It’s too strong. America’s cost-of-living concerns and a bond market meltdown aren’t functions of a sputtering economy that’s running out of gas. Quite the opposite. Prices and interest rates are rising too quickly for comfort for three primary reasons: the global