The labor market is stable, but the uncertainty brought by AI is giving policymakers a headache—new variables for inflation and employment mean Uncle Bao’s successor may have to learn how to walk again.

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CoinNetwork
Coin World News: Federal Reserve Chair Waller expresses an optimistic view of the overall economic situation. He believes the labor market is generally stable, with virtually no layoffs, and that nominal wages have also increased. However, he is more cautious about the boom in the artificial intelligence sector. He noted that although artificial intelligence is driving an increase in corporate investment, it also brings uncertainty to the economy. He said, “We still don’t know to what extent the economy will benefit from the development of artificial intelligence.” At the same time, Waller mentioned that new opportunities emerging in the economic sphere also pose new challenges for policymakers, and that the Federal Reserve is closely monitoring how these changes will affect inflation and the labor market.
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