---
title: "AI Spend Has Been 'Critical' for US Economy, Says Torsten Slok"
type: signal
url: https://frontiernewswire.com/s/ai-spend-has-been-critical-for-us-economy-says-torsten-slok-34571f41
published: 2026-09-18T15:24:21.000Z
byline: "Source: Bloomberg Tech"
---

# AI Spend Has Been 'Critical' for US Economy, Says Torsten Slok

Source: Bloomberg Tech · Published 2026-09-18 · Canonical: https://frontiernewswire.com/s/ai-spend-has-been-critical-for-us-economy-says-torsten-slok-34571f41

AI hardware continued to drive August’s increase in import prices, as it has throughout the year. Commodity-price volatility from the Iran war raised the cost of industrial materials at the border. Companies face higher input costs and rising expenses tied to the AI buildout. Torsten Slok, Chief Economist at Apollo Global Management, discusses the Fed's rate decision and role AI investment has played in supporting the US economy. (Source: Bloomberg)

In this story: [AI Investment](https://frontiernewswire.com/topics/ai-investment), [Apollo Global Management](https://frontiernewswire.com/companies/apollo-global-management), [Federal Reserve](https://frontiernewswire.com/companies/federal-reserve), [Torsten Slok](https://frontiernewswire.com/people/torsten-slok)

## Sources

- [Read the original at Bloomberg Tech](https://www.bloomberg.com/news/videos/2026-09-18/ai-spend-has-been-critical-for-us-economy-says-slok-video)

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---

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