AI is driving inflation. The Fed's fix may hurt everyone else
Reuters · Published on October 19, 2026
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AI companies are spending hundreds of billions of dollars building technology, and it's driving up inflation. The Fed's fix for that, higher interest rates, is probably going to hurt everybody but those companies. Howard Schneider explains. #News #Reuters #Newsfeed #FederalReserve #AI #Inflation #HowardSchneider #InterestRates #Amazon #Apple #Anthropic #Hyperscalers #USEconomy #FedPolicy #BusinessNews #Reuters #2026 #AIBoom Read the story here: https://reut.rs/4yTjZ7H 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en