Hassett: AI bubble is a real concern, will respect Warsh and Fed judgment

Cointime update: White House National Economic Council Director Kevin Hassett said on November 6 that the AI bubble is a genuine concern, while noting the economy could still grow strongly even if data-center investment slows. He said inflation should ease and that he will respect the judgment of Fed Chair Kevin Warsh and the Federal Reserve. Hassett also said he was pleased with Intel’s strong turnaround and that Trump is excited about the Intel agreement.