美联储：AI相关投资推动产出强劲增长，伊朗战争不确定性仍是主要风险

Odaily Planet Daily News The Federal Reserve's semi-annual report shows that in 2026, overall U.S. economic activity continued to expand steadily, primarily driven by high-tech investment and government spending. Factory output grew strongly due to AI-related data center investments, and production capacity continued to improve. However, the housing market has stalled, and the external economy faces sluggish growth weighed down by the Middle East conflict and tariffs. The labor market remains generally stable, with both wages and productivity rising. However, slowing immigration has led to a decline in labor supply, and small businesses and households continue to face tighter credit conditions.

Inflation remains high and rose further in the spring, with asset prices above historical norms. The financial system is generally solid, with adequate bank reserves. The private credit market is functioning normally despite some redemption pressure. Long-term inflation expectations remain largely anchored near the 2% target, but uncertainty stemming from the war in Iran remains a key risk. (Jin Shi)