Fed’s Bowman Says AI Now Drives About a Quarter of America’s Excess Inflation
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. At the Council on Foreign Relations in Washington on Tuesday, November 10, 2026, Fed Vice Chair for Supervision Michelle Bowman said AI-related price pressures accounted for about one-fourth of above-target core PCE inflation over…