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Inflation gauge confirms steady cooling

AI spending fuels more than half of US economic growth
Cooling inflation coincided with strong investment in AI infrastructure and data centers, a key driver of economic activity. (Getty Images)
Cooling inflation coincided with strong investment in AI infrastructure and data centers, a key driver of economic activity. (Getty Images)
CoStar News
July 30, 2026 | 6:35 P.M.

The inflation gauge tracked by the Federal Reserve cooled in June and economic growth eased, underscoring an uneven backdrop for policymakers weighing how to respond to lingering price pressures.

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