Browsing: Jefferson
Key takeaway: Federal Reserve Vice Chair Philip Jefferson highlighted the potential for artificial intelligence to boost worker productivity, which could raise the neutral interest rate above…
Anna Rose Layden/Bloomberg Key Insight: Federal Reserve Vice Chair Philip Jefferson said he supported the 25-basis-point rate cut at the October FOMC meeting to support a…
Key insight: Fed Vice Chair Philip Jefferson described a delicate balancing act, supporting moderate rate cuts to protect jobs while keeping long-term inflation under control.Supporting data:…
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