CNBC's Jim Cramer reminded investors Monday that much of the stock market currently depends on the Federal Reserve's interest rate decisions, which are difficult to predict as inflation continues. He said he hopes new artificial intelligence technology will help reduce costs, but stressed it won't happen soon.

“While we continue to believe that accelerated computing and generative AI will and will eventually solve many of our problems, the emphasis is on the 'eventually' point,” he said. “In the short term, it's not an important time frame for the Fed and it won't have any impact on the top things we're concerned about.”

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