The Fed, AI; and the (Real) U.S. economy -
In this U.S. economy.
A spending spree (most likely) will (not) happen.
Lowering Interest rates in a Major Recession (type) of environment for now, but reality mid-2026; which I still project (if current trends continue).
In fact, it takes Fixed Income Interest gains (out) of the U.S. economy.
Won't matter, the Unemployment rate will continue to rise into 2026.
Several factors have (and are) contributing, Trump tariffs; AI, pandemic overstaffing; and High Inflation for the U.S. consumer.
There are positives to AI, but the Negatives are -
Replacement of entry-level white-collar jobs (taking away opportunities) less employees means less Tax revenue paid, and Increasing utility prices (electricity) due to Increased strain on the power grid by AI data centers.
The U.S. National debt (currently) stands at $38.2 Trillion (exponentially rising over time) with Interest paid of $969.0 Billion a year (almost a Trillion a year) by U.S. Taxpayers (not AI) to outside Investors (U.S. based, Japan, China; etc.) who finance it over time.
These are the facts.