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Former New York Fed Chair: AI investment boom could lead the Fed to experience an interest rate path of 'first raising rates, then cutting them significantly'

Former New York Fed Chair Dudley: AI investment boom may prompt the Fed to raise rates first, then cut significantly

The AI spending spree is putting the Fed on a path of raising rates followed by a sharp reversal, says ex-New York Fed President Bill Dudley (via @opinion)

British Pound: BoE hike prospects underpin resilience – MUFG