Interest Rates, Housing Inflation, AI Spending, and the Fed’s Policy Debate

Apollo economist Torsten Slok discusses how higher interest rates may affect housing supply and rents, and why some parts of the economy respond differently to rate changes. The conversation also covers AI-related spending, bank deposits, inflation pressures, and the factors shaping the Federal Reserve’s outlook.

■ Rates, housing, and inflation
- Housing supply and rents; rate-sensitive sectors and inflation pressures
■ AI and financial stability
- AI revenue expectations, token and computing costs, and the possibility of faster deposit movements
■ Federal Reserve outlook
- Economic restraint, sector differences, and scenarios for growth and inflation in 2027

For viewers following macroeconomics, markets, or monetary policy, this discussion offers a framework for tracking how these topics connect. Compare the sectors and risks raised with upcoming inflation, employment, and Fed updates; the conversation does not provide individual investment recommendations.