WSJ Tech News Briefing · Monday, September 28, 2026
Federal Reserve Governor Lisa Cook anticipates that the ongoing AI buildout will continue to exert upward pressure on inflation in the coming months. She explained that demand for AI is shifting price increases for components like chips and computers, and could also increase demand for resources such as energy and construction labor, although she expects these pressures to resolve over time as supply chains adapt.
“And Federal Reserve Governor Lisa Cook expects the AI buildout to continue putting pressure on inflation in the coming months.”
“Speaking in Oakland, California today, she noted that price increases for chips, computers, and software stem from demand shifting toward AI rather than the broader economy.”
“For example, demand for data centers could increase demand for shared resources like energy and construction labor.”