Daly Says AI Has No Current Impact on Inflation Trends
San Francisco Fed President Mary Daly stated that artificial intelligence is not currently driving inflation up or down. While AI may be a deflationary force over the next decade, Daly noted that current price pressures are instead being driven by higher tariffs and rising energy costs.
San Francisco Federal Reserve President Mary Daly said AI will not impact United States inflation over the current 12-month monetary policy horizon. Daly expects AI to become a deflationary force only within a five- to 10-year window. The official noted that current inflation drivers remain rooted in traditional economic factors rather than technological shifts.
