Trump: U.S. inflation is too high and continues to surge, interest rates are too high

ChainCatcher News: U.S. President-elect Donald Trump stated that inflation is too high and continues to surge; interest rates are too high. Real estate development company Damac Properties will invest $20 billion in the U.S. to support the development of data centers.

According to reports, Hussein Sajwani, founder and chairman of Damac Properties, stated that they would invest more if market opportunities allow. However, they are currently planning data centers worth $20 billion to meet the needs of large-scale enterprises for artificial intelligence and cloud services. (Jin Shi)