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‘Inflationary surge’: Fed economists warn AI hype is overheating the economy whether or not the technology ever delivers

Economists from the St. Louis Fed said AI could inflate prices today even without a payoff tomorrow.

By Jake AngeloApril 1, 2026
AI
AI is saving workers up to an hour a day — but Goldman Sachs says 80% of companies aren’t using it yet
By Nick LichtenbergApril 1, 2026
Nvidia CEO Jensen Huang
Nvidia CEO Jensen Huang’s advice to workers scared of AI: You’re just confusing your job with the tools you use to do it
By Emma BurleighApril 1, 2026
gary
The biggest mistake CEOs make with AI has nothing to do with the technology
By Gary ShapiroApril 1, 2026
gurley
Silicon Valley titan Bill Gurley: why your zip code could be the most underrated career decision you’ll ever make
By Bill GurleyApril 1, 2026
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Latest Stories
Hershey is moving back to the original recipe for Reese’s Peanut Butter Cups after the chocolate’s grandson blasted them last month
LawHershey is moving back to the original recipe for Reese’s Peanut Butter Cups after the chocolate’s grandson blasted them last month
By The Associated Press and Dee-Ann DurbinApril 1, 2026
Five hard lessons from Allbirds’ 99% stock plunge and $39 million fire sale
RetailFive hard lessons from Allbirds’ 99% stock plunge and $39 million fire sale
By Phil WahbaApril 1, 2026
Exclusive: Paradigm, a major investor in Kalshi, is building its own prediction markets trading terminal, say sources
CryptoExclusive: Paradigm, a major investor in Kalshi, is building its own prediction markets trading terminal, say sources
By Ben WeissApril 1, 2026
Current price of gold as of April 1, 2026
Personal FinanceCurrent price of gold as of April 1, 2026
By Danny BakstApril 1, 2026
Covid gave us hybrid work. The Iran War might give us a four-day week—and this time, experts say it could stick
SuccessCovid gave us hybrid work. The Iran War might give us a four-day week—and this time, experts say it could stick
By Orianna Rosa RoyleApril 1, 2026
Adobe faces an AI-era test of whether the creative economy still needs it
C-SuiteAdobe faces an AI-era test of whether the creative economy still needs it
By Ruth UmohApril 1, 2026
trump
CommentaryThe EPA just valued a human life at $0. That’s not just a moral crisis — it’s a market crisis
By Andrew BeharApril 1, 2026
Top CD rates from major banks April 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on April 1, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerApril 1, 2026
More AIPage 54 of 100
Oracle’s new Gen X and Millennial CEOs get stock options worth $350 million—but they’ll have to keep the stock soaring to collect
C-SuiteOracle’s new Gen X and Millennial CEOs get stock options worth $350 million—but they’ll have to keep the stock soaring to collect
By Amanda GerutSeptember 22, 2025
Amazon delivery worker steps up into a blue delivery van with Prime logo
Big TechAmazon’s famed ‘Customer Obsession’ credo is on trial this month
By Jason Del ReySeptember 22, 2025
Jensen Huang
AINvidia pours $100 billion into OpenAI just days after pledging $5 billion to Intel
By Nick LichtenbergSeptember 22, 2025
Donald Trump, Larry Ellison
AITrump’s deal will fundamentally change the TikTok For You algorithm going forward, social media expert says. Here’s how
By Kelley Cotter and The ConversationSeptember 22, 2025
Trump signs an executive order.
AITrump’s $100,000 H-1B fee could choke off startups’ access to AI talent and widen Big Tech’s dominance
By Beatrice NolanSeptember 22, 2025
A woman sits at a computer in an office.
NewslettersMost workers want an AI chatbot to be their work best friends, a new study says
By Kristin StollerSeptember 22, 2025
Stripe crypto alum raise $19.2 million to power agentic payments through ATXP protocol
NewslettersStripe crypto alum raise $19.2 million to power agentic payments through ATXP protocol
By Leo SchwartzSeptember 22, 2025
Young woman on the mobile phone while walking in the street.
NewslettersThe younger consumer boom: Amex and luxury brands pursue Gen Z and millennials
By Sheryl EstradaSeptember 22, 2025
Gold hit a new record high—and that’s an indicator of fear lurking within the stock market, Deutsche Bank says
EconomyGold hit a new record high—and that’s an indicator of fear lurking within the stock market, Deutsche Bank says
By Jim EdwardsSeptember 22, 2025
Trump’s H-1B bombshell sends tech scrambling
NewslettersTrump’s H-1B bombshell sends tech scrambling
By Alexei OreskovicSeptember 22, 2025
Kara Hurst
CommentaryAmazon sustainability chief & top scientist: AI could end up being climate’s most powerful tool
By Kara Hurst and Kommy Weldemariam September 22, 2025
How Sarah de Lagarde, who lost two limbs in a train accident, is using AI to promote accessible new tech—including her “kick-ass robot arm”
AIHow Sarah de Lagarde, who lost two limbs in a train accident, is using AI to promote accessible new tech—including her “kick-ass robot arm”
By Aslesha MehtaSeptember 22, 2025
Goodwill CEO says he’s preparing for an influx of jobless Gen Zers because of AI—and warns, a youth unemployment crisis is already happening
SuccessGoodwill CEO says he’s preparing for an influx of jobless Gen Zers because of AI—and warns, a youth unemployment crisis is already happening
By Orianna Rosa RoyleSeptember 21, 2025
Byron Cook
CommentaryYour AI strategy needs mathematical logic
By Byron CookSeptember 20, 2025
‘Every copilot pilot gets stuck in pilot’—unless companies balance data security and innovation, say experts
AI‘Every copilot pilot gets stuck in pilot’—unless companies balance data security and innovation, say experts
By Sharon GoldmanSeptember 19, 2025
Mark Zuckerberg gestures and speaks on stage
AIIt’s not just Sam Altman warning about an AI bubble. Now Mark Zuckerberg says a ‘collapse’ is ‘definitely a possibility’
By Lily Mae LazarusSeptember 19, 2025
Ramp founder Eric Glyman: How I built a $22.5 billion startup in 2,367 days
Big TechRamp founder Eric Glyman: How I built a $22.5 billion startup in 2,367 days
By Fortune EditorsSeptember 19, 2025
Mark Zuckerberg says this Superintelligence Labs team has a flat leadership structure and no top-down deadlines: It’s like ‘a group science project’
AIMark Zuckerberg says this Superintelligence Labs team has a flat leadership structure and no top-down deadlines: It’s like ‘a group science project’
By Marco Quiroz-GutierrezSeptember 19, 2025
A therapy robot named Robin talks to a child in a hospital
AIHospitals are leaning on an AI-powered therapy robot programmed to act like a little 7-year-old girl
By Hallie Golden and The Associated PressSeptember 19, 2025
Cloudflare CEO Matthew Prince raises a finger on stage
AICloudflare CEO warns of a ‘Black Mirror’ outcome if Sam Altman or other AI people control the media
By Nick LichtenbergSeptember 19, 2025
Middle manager
CommentarySurviving the Great Flattening: The coming extinction of the middle manager
By George PesanskySeptember 19, 2025
Albania
EuropeAlbania’s AI-generated minister addresses parliament, says constitution ‘doesn’t speak of chromosomes, of flesh or blood’
By Llazar Semini and The Associated PressSeptember 19, 2025
Photo: WASHINGTON, DC - SEPTEMBER 17: Federal Reserve Chair Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee at the Federal Reserve on September 17, 2025 in Washington, DC. In the face of a softening labor market, Powell announced a quarter-point cut to the federal funds rate, bringing rates down to a new range of 4 percent to 4.25 percent. (Photo by Chip Somodevilla/Getty Images)
EconomyInside the Fed’s economic projections, ‘something isn’t adding up’ according to SoFi investment chief
By Jim EdwardsSeptember 19, 2025
Meta’s got glass, and Intel’s got Nvidia inside
NewslettersMeta’s got glass, and Intel’s got Nvidia inside
By Alexei OreskovicSeptember 19, 2025
Headshot of a man with a blue sweater alongside a woman with a white button down blouse
AIThe great AI commerce startup opportunity, according to Andreessen Horowitz
By Jason Del ReySeptember 19, 2025
He left Andreessen Horowitz to help Trump downsize the government. Can Scott Kupor eliminate nearly 300,000 federal jobs without the DOGE chaos?
Startups & VentureHe left Andreessen Horowitz to help Trump downsize the government. Can Scott Kupor eliminate nearly 300,000 federal jobs without the DOGE chaos?
By Jessica MathewsSeptember 19, 2025
Mark Zuckerberg blames bad Wi-Fi after the live demo of his new $800 smart glasses goes horribly wrong
Big TechMark Zuckerberg blames bad Wi-Fi after the live demo of his new $800 smart glasses goes horribly wrong
By Ashley LutzSeptember 18, 2025
Mark Zuckerberg unveiled $800 smart glasses that come with a special twist—here’s what they can do
InnovationMark Zuckerberg unveiled $800 smart glasses that come with a special twist—here’s what they can do
By Abigail Rubenstein and Morning BrewSeptember 18, 2025
CEO of $22.5 billion Ramp calls advisors like OpenAI’s Fidji Simo and Microsoft’s Satya Nadella when he needs business advice
C-SuiteCEO of $22.5 billion Ramp calls advisors like OpenAI’s Fidji Simo and Microsoft’s Satya Nadella when he needs business advice
By Rachel VentrescaSeptember 18, 2025
Brian Moynihan
BankingBank of America CEO admits that AI is shrinking some departments even as bank boosts minimum wage to $25
By Nick LichtenbergSeptember 18, 2025
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Economy
Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’placeholder alt text
By Fortune EditorsMarch 30, 2026
Energy
Markets cheer as Trump threatens to abandon Iran war, but Jamie Dimon sides with allies: ‘Win this thing and clean up the straits’placeholder alt text
By Fortune EditorsMarch 31, 2026
AI
A man used AI to call 3,000 Irish bartenders to track the cost of Guinness. Now pubs are lowering their prices to competeplaceholder alt text
By Fortune EditorsMarch 30, 2026
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