Anthropic IPO could lead to 'large correction' in markets, Fed official says
Fed Governor Michelle Bowman said a failure to meet lofty expectations “would likely slow the AI buildout” and “soften” the economy.
Reports & sources
Bloomberg
Fed’s Bowman Warns of Stock Correction If AI Bets Don’t Pan Out (opens Bloomberg)Bloomberg's feed description
Conservative Daily News
Fed’s Bowman Warns of a ‘Large Correction’ in Stocks if AI Bets Fall Short, but Says the Inflation Fight Isn’t Over (opens Conservative Daily News)Conservative Daily News's feed description
Semafor
Anthropic IPO could lead to 'large correction' in markets, Fed official says (opens Semafor)Semafor's feed description