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How AI could rewrite rules on interest rates and jobs


How AI could rewrite rules on interest rates and jobs

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Federal Reserve officials are considering the impact of artificial intelligence on worker productivity, which may influence future interest rates and employment strategies. Fed Chair Jerome Powell highlighted this shift in a December press briefing.

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Top officials at the Federal Reserve are now taking into account how artificial intelligence might boost worker output as they map out future economic conditions, a shift that could reshape how the central bank approaches interest rates and employment targets. Fed Chair Jerome Powell touched on this issue during his press briefing in December. Looking […]
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