Woofun AI reports that Federal Reserve meeting minutes indicate a significant divergence among policymakers regarding future monetary policy. While consensus remains elusive, nine of the eighteen participants now expect at least one interest rate hike by December, a stark contrast to March when no official held this view. Conversely, the number of officials anticipating rate cuts has plummeted from twelve to just one.

The minutes highlight that artificial intelligence investment has emerged as a critical variable influencing inflation expectations. Policymakers identified the surge in data center construction and computing power expenditure as a new source of demand that strains economic supply capacity. Alongside geopolitical tensions and tariff policies, this AI-driven investment boom is viewed as a factor sustaining price pressures across most goods and services, potentially necessitating tighter monetary policy.