JPMorgan Chase CEO Jamie Dimon stated that strong spending in artificial intelligence (AI) could prevent inflation from falling and might prompt Federal Reserve Chairman Kevin Warsh to raise interest rates or maintain them at high levels. Dimon believes that inflation is not only influenced by expectations but also driven by capital demand, which is currently robust. He noted that technology companies are investing billions of dollars in building AI data centers to seize growth opportunities, but this could lead to increased capital demand, thereby sustaining high interest rates, contrary to market expectations for more rate cuts, potentially triggering a stock market correction.