Wu Says learned that the Federal Reserve announced the establishment of five independent working groups to reassess the monetary policy framework, covering areas such as communication mechanisms, balance sheet policy, data systems, the impact of AI on productivity and employment, and the inflation framework. Members of the working groups include a16z co-founder Marc Andreessen, Nobel laureate Thomas Sargent, Harvard professor Greg Mankiw, Anthropic researcher Charles Jones, and others. Fed Chair Kevin Warsh stated that the U.S. economy is undergoing significant changes, and the Fed needs to re-examine its analytical tools and policy approaches to ensure better achievement of the goals of price stability and maximum employment.

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