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Federal Reserve Chair Waller: Recent data does not perfectly reflect underlying inflation; in the short term, AI investment is beneficial for employment
BlockBeats message. On July 15, Fed Chair Waller: Recent inflation data cannot perfectly reflect underlying inflation. When the data moves in the right direction, any central bank would be pleased. In the short term, I believe that AI investment will benefit employment. During this period, AI will bring disruptive changes.
I have exceeded the requirements of the ethical protocol and sold, or am fully planning to sell, the assets I acquired before serving as Fed Chair. I have converted my investments into cash equivalents and short-term U.S. Treasuries.