The Federal Reserve’s dilemma between AI and housing

Keeping rates high to manage the excesses of the AI explosion could spell deeper trouble for a housing sector. — Reuters

TENSION between the Federal Reserve’s (Fed) jobs and inflation mandates may be less worrisome than a dilemma over whether to focus on the spluttering housing market or rocketing tech infrastructure spending.

By most metrics, the United States central bank is still missing its 2% inflation target.