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More from Fed’s Cook: AI could be inflationary in short term, disinflationary in long tern

More from Federal Reserve Board Governor Lisa Cook:

  • expects AI to have an impact on inflation by augmenting labour productivity, allowing higher employment without corresponding inflation
  • in the shirt-run Ai could be inflationary, because of high demand
  • Over the long run AI could be disinflationary

more to come

Earlier:

This article was written by Eamonn Sheridan at www.forexlive.com.

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