This story was originally published on HackerNoon at: https://hackernoon.com/could-stubborn-inflation-cause-the-generative-ai-bubble-to-finally-burst-on-wall-street. Although US markets have become accustomed to high inflation data, there had been optimism that 2024 would see multiple Federal Reserve rate cuts taking place. Check more stories related to machine-learning at: https://hackernoon.com/c/machine-learning. You can also check exclusive content about #generative-ai, #stock-market, #generative-ai-stocks, #sandp-500-performance-in-2024, #genai-bubble, #generative-ai-stock-bubble, #nvidia-stock-bubble, #good-company, and more. This story was written by: @dmytrospilka. Learn more about this writer by checking @dmytrospilka's about page, and for more stories, please visit hackernoon.com. Although US markets have become accustomed to high inflation data, there had been optimism that 2024 would see multiple Federal Reserve rate cuts taking place as inflation cooled.