TS Lombard: Fed is behind the curve as AI boom overheats the US economy

TS Lombard Chief Economist Freya Beamish argued that the Federal Reserve needs to begin tightening monetary policy to rein in the AI-fuelled economic boom gripping the United States. She warned that the Fed is falling behind the curve as the tech economy accelerates, risking financial imbalances. Beamish called for rate hikes to cool what she sees as an overheating AI-driven expansion.