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Cryptopolitan 2023-09-23 12:25:43

Real-World Rate Jump Puts AI Fantasy on Hold as Wall Street Worries

Throughout much of the year, stock investors were captivated by the trillion-dollar promise of artificial intelligence (AI), which seemed to overshadow a looming threat in the era of a hawkish Federal Reserve: rising real-world borrowing costs across Corporate America. However, Wall Street is now waking up to the monetary dangers as Jerome Powell reaffirms his ... Read more

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