Fed official projects AI supply constraints extending past two years

According to Cointelegraph, New York Federal Reserve President John Williams stated that he expects a supply constraint in the AI sector to persist beyond a two‑year period. His remarks came alongside his reaffirmation that the U.S. Federal Reserve may need to raise interest rates once more this year. The comment underscores continued concerns about limited availability of resources needed for AI development and deployment. No additional details on timing, magnitude, or specific factors were provided.