Neel Kashkari Signals Potential AI Overinvestment Risks as Inflation Persists

CNBC Finance reports that Minneapolis Fed President Neel Kashkari remains skeptical of cooling price growth despite the latest PCE index dropping to an annual rate of 3%. Speaking in New York, the central banker warned that a five-year stretch of elevated costs outweighs a single

CNBC Finance reports that Minneapolis Fed President Neel Kashkari remains skeptical of cooling price growth despite the latest PCE index dropping to an annual rate of 3%. Speaking in New York, the central banker warned that a five-year stretch of elevated costs outweighs a single