Minneapolis FED President Neel Kashkari stated that increasing electricity demand could raise average prices nationwide, saying, "If the demand for investment in data centers is very strong, this could push interest rates up." Kashkari also mentioned, "If the FED significantly lowers interest rates, the economy may face a wave of high inflation."
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Minneapolis FED President Neel Kashkari stated that increasing electricity demand could raise average prices nationwide, saying, "If the demand for investment in data centers is very strong, this could push interest rates up." Kashkari also mentioned, "If the FED significantly lowers interest rates, the economy may face a wave of high inflation."