More from Federal Reserve Board Governor Lisa Cook:
expects AI to have an impact on inflation by augmenting labour productivity, allowing higher employment without corresponding inflationin the shirt-run Ai could be inflationary, because of high demandOver the long run AI could be disinflationary
more to come
Earlier:
Fed’s Cook says she ‘wholeheartedly’ supported 50bp rate cut
This article was written by Eamonn Sheridan at www.forexlive.com.