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2026-05-29 00:55:02

Goolsbee really hits the mark with this—supply shocks are the hidden mines of inflation, AI efficiency gains are distant water, and oil prices are the immediate fire.

View Original

MeNews2026-05-29 00:37:03

Federal Reserve's Goolsbee warns that oil price shocks could exacerbate AI-driven inflationary pressures

Federal Reserve official Goolsbee stated that while AI is expected to boost productivity, shocks to oil prices and other energy costs could exacerbate inflation, and supply shocks will make inflation paths more volatile. This is consistent with the Fed's overall assessment of inflation risks, and ongoing attention is needed on how energy price fluctuations impact inflation.

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