JUST IN🔥AI BOOM IS INFLATIONARY. READ THAT AGAIN.

Fed’s Kashkari says the AI build-out is clearly inflationary in the near term.
Makes sense.

Data centers, chips, energy, infrastructure, labor. All of it costs money.
That means the Fed may have fewer reasons to rush cuts.

Bearish for risk assets short term.
Bullish for AI narrative long term.

Crypto won’t like higher-for-longer rates, but AI coins might still catch the bid.

This market is getting weird.