Fed Survey Ranks AI as Top Risk to US Financial Stability

TLDR: AI was cited by 87% of 23 market contacts as a salient risk, up from 50% in the spring 2026 survey.  Respondents cited elevated equity valuations, AI-enabled cyberattacks, and AI-related financing.  A risk asset correction ranked second overall at 52%, followed by higher long-term rates at 48%.  Hedge fund leverage is at its highest [...]

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