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Fed’s Cook: Optimistic AI can boost productivity

Fed’s Lisa Cook is speaking and says:

  • Optimistic AI can boost productivity
  • AI has potential for negative employment impacts

Does not address monetary policy or economic outlook at the AI focused event. However, if productivity can be increased, that can help to keep inflation low and growth high.

This article was written by Greg Michalowski at www.forexlive.com.

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