Fed’s Goolsbee says data center buildout ‘overheating’ economy

Austan Goolsbee, the president of the Federal Reserve Bank of Chicago, said Monday that the data center buildout is “overheating” the economy and putting upward pressure on prices. “Now this stuff with the AI data center buildout is, to my eye, starting to look more just like old-fashioned demand overheating,” Goolsbee told Subrina Hudson of…