Chicago Fed Chair warns of risk of economic overheating, says inflation must be addressed
2026-11-10 01:38:42
According to CoinMeta, Chicago Federal Reserve Chairman Austin Guthrie stated at an event in Chicago that policymakers need to address the potential economic overheating caused by the development of artificial intelligence, as well as the growing inflationary pressures. He pointed out that rising service prices are not closely related to energy costs or tariffs, which also contribute to increased costs. Guthrie emphasized that central banks usually need to respond to economic overheating in a "radical" manner. Although he does not have voting rights on monetary policy this year, he will have such rights in 2027.
Source:CLS
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