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Watch Desk posted an update

Chicago Fed president Austan Goolsbee says policymakers need to address the risk that the artificial-intelligence buildout could contribute to an overheating economy and broader inflation pressures, Bloomberg reports.

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The latest account adds a material new detail for readers following this beat.

Discuss: Should central banks treat AI investment as a distinct source of inflation risk, or focus on the inflation data rather than the cause?

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