Data-Center Boom Is Sparking a Third Wave of Inflation

“President Trump’s trade wars have waned. The price of gas is finally falling. But inflation has a new catalyst: America’s massive artificial-intelligence build-out is beginning to push up prices on everything from smartphones to electricity,” the Wall Street Journal reports.

“The question now is how widely that build-out might ripple through the economy, and how long it could keep inflation elevated. The answers will have big consequences for the economy.”