Fed’s Bowman: The Fed is collecting data on trading counterparties linked to AI-related debt.
In a speech in Washington tonight (Vietnam time), she warned that AI debt — corporate bonds, private credit, and project financing — could exceed $800 billion this year, with the risk of circular financing between chipmakers and hyperscalers. A major correction in AI stocks is among the top risks to the U.S. economy.
However, she did not call for an interest rate hike and supported keeping rates unchanged at 3.75–4%. Markets are still awaiting October PCE data and November payrolls ahead of the Fed’s December meeting.
$BTC trading around $73,960, down ~1.8% over 24 hours.
#fed #ai
In a speech in Washington tonight (Vietnam time), she warned that AI debt — corporate bonds, private credit, and project financing — could exceed $800 billion this year, with the risk of circular financing between chipmakers and hyperscalers. A major correction in AI stocks is among the top risks to the U.S. economy.
However, she did not call for an interest rate hike and supported keeping rates unchanged at 3.75–4%. Markets are still awaiting October PCE data and November payrolls ahead of the Fed’s December meeting.
$BTC trading around $73,960, down ~1.8% over 24 hours.
#fed #ai
