Economy

US Economy 'Quite Dependent' on AI as Growth Engine, Says Tani Fukui

A resurgence in oil prices dragged down stocks and bonds, stoking concerns about inflation just days ahead of the Federal Reserve decision on interest rates. The recent selloff in AI-linked stocks is a reminder that the most popular trades tend to hurt the most when sentiment turns. Tani Fukui, Senior Director of Economic & Market Strategy at MetLife Investment Management, discusses Fed communication and what upcoming data will tell us about US inflation. (Source: Bloomberg)