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Why Interest Rates Keep Rising
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4 Articles
4 Articles
Apollo Economist Warns AI Spending Boom Could Keep Interest Rates Higher for Longer
The artificial intelligence investment boom is weakening the traditional influence of higher interest rates on corporate spending, potentially prolonging borrowing-cost pressures as technology companies continue pouring billions of dollars into data centers, chips and computing infrastructure, according to Torsten Sløk, chief economist at Apollo Global Management. Sløk argued on Thursday that interest rates are unlikely […]
Apollo economist Torsten Sløk believes interest rates will likely continue to rise. He believes the growth pressure stems from the expansion of the AI sector. "The AI spending boom is not sensitive to interest rates," he said.
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Leaning Left1Leaning Right1Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
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