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Fed's Daly: AI Not Currently Driving Inflation

Published Thursday, June 4, 2026 · Updated June 5

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Media Analysis

AI synthesis

San Francisco Federal Reserve President Mary Daly commented on the relationship between AI and inflation. She stated that AI is not currently impacting inflation, but could become a deflationary force in the next five to ten years. Daly attributed current inflation to factors such as higher tariffs, energy, and food prices.

What We Know — Key Points

  • San Francisco Federal Reserve President Mary Daly stated that AI is not currently influencing inflation, either up or down.
  • Daly suggested that AI could become a deflationary force over a five- to 10-year period.
  • She attributed current inflation to higher tariffs, energy, and food prices.

What Is Claimed — Perspectives

  • Channel News AsiaCenter

    San Francisco Federal Reserve President Mary Daly stated that AI is not currently influencing inflation, though it could become a deflationary force over a five- to 10-year period. She attributed current inflation to higher tariffs, energy, and food prices, not AI.

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