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HIGH IMPACT FXStreet · May 12, 02:08 PM

Fed: AI-driven growth complicates rate path – NBC

National Bank of Canada’s (NBC) Senior Economist Jocelyn Paquet, argues that surging AI-related investment is keeping U.S. GDP growth above potential, with forecasts of 2.4% in 2026 and 2.0% in 2027.

FEDGDP
SIGNALPRO AI · WHAT'S LIKELY TO HAPPEN
BULLISH 75% confidence

The anticipated growth in U.S. GDP due to AI investments may lead to a stronger dollar as traders adjust their expectations for future interest rate hikes. This could result in upward pressure on forex pairs involving the USD.

AI-generated analysis. For educational purposes only — not financial advice.

National Bank of Canada’s (NBC) Senior Economist Jocelyn Paquet, argues that surging AI-related investment is keeping U.S. GDP growth above potential, with forecasts of 2.4% in 2026 and 2.0% in 2027.

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