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AI Spend Has Been 'Critical' for US Economy, Says Torsten Slok

This story is from 2026-09-18. It is preserved in the archive; the latest stories are on the live feed.

AI hardware continued to drive August’s increase in import prices, as it has throughout the year. Commodity-price volatility from the Iran war raised the cost of industrial materials at the border. Companies face higher input costs and rising expenses tied to the AI buildout. Torsten Slok, Chief Ec…

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  1. 2026-09-18 15:24 · Bloomberg AI
    AI Spend Has Been 'Critical' for US Economy, Says Torsten Slok

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