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2026-02-18 03:01:38
Federal Reserve Governor Barr said on Tuesday that the central bank’s monetary policy has had no impact on the surge in investment in artificial intelligence. He said, “I don’t think current investment in artificial intelligence is affected by the Fed’s short-term credit cost setting at all.” He also pointed out that investment in this field has flourished during periods of Fed rate hikes and has been equally robust during periods of rate cuts, reflecting a winner-takes-all mentality in the industry.
