CoinWorld news, Wu was informed that the U.S. Federal Reserve announced the establishment of five independent working groups to re-evaluate its monetary policy framework, covering areas such as communication mechanisms, balance sheet policy, the data system, the impact of AI on productivity and employment, and the inflation framework. Working group members include a16z co-founder Marc Andreessen, Nobel laureate Thomas Sargent, Harvard professor Greg Mankiw, Anthropic researcher Charles Jones, and others. Fed Chair Kevin Warsh said that the U.S. economy is undergoing major changes, and the Federal Reserve needs to re-examine its analytical tools and policy approach to ensure better achievement of its goals of price stability and full employment.

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MidnightReconciler
· 2h ago
They've even invited Thomas Sargent; is New Keynesianism about to make a comeback?
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StargazerInTheWoods
· 4h ago
Kevin Warsh was once a hawkish representative. Has he changed his stance now?
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TheTreeInTheCenterOfMistValley
· 4h ago
The impact of AI on employment has finally entered the central bank's agenda, which is keeping up with the times.
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CatUnderTheNeonBridge
· 4h ago
Marc Andreessen gets involved in monetary policy — is Silicon Valley about to print money directly to invest in AI?
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