Gursby: AI Data Center Construction Intensifies Demand Overheating

Chicago Federal Reserve President Goolsbee stated that the construction of AI data centers shows characteristics of overheating traditional demand, with rising energy prices being transmitted to the service industry, and inflationary pressures spreading. He pointed out that the central bank needs to actively respond to economic overheating, as the U.S. job market and overall economic growth remain stable, while inflation continues to be the primary issue.