Two Federal Reserve officials on Tuesday signaled no near-term appetite to change the setting of central bank interest rate ...
AI could boost productivity and create job-market challenges, but neither would justify near-term rate cuts, said Federal ...
Federal Reserve governor Lisa Cook suggested Tuesday that artificial intelligence could push the central bank to make hard choices between keeping interest rates elevated to fend off inflationary ...
The U.S. government and Fed are aligning fiscal and monetary policy to support markets ahead of the mid-term elections. Click ...
Federal Reserve Governor Lisa Cook warned the US central bank may not be able to counter rising unemployment driven by adoption of artificial intelligence.
The Fed governor said AI-related business investment in data centers and chips is soaring despite elevated interest rates, suggesting the current neutral rate may be higher than before the pandemic.
While the Fed can react to changes in unemployment that stem from the ebb and flow of the business cycle, the response to a structural shift in labor demand would be more traditionally the province of ...
With markets pricing in interest rate cuts on both sides of the Atlantic this year, central bankers may be tempted to ease quickly, and hope inflation behaves.
But with two meetings left to go under current chair Jay Powell, the immediate focus remains on what the Fed will do before the leadership changeover. Most of the data points released in February ...
Asian markets gain as Nikkei 225 and CSI 300 advance, while US futures steady in the Asian session amid Fed rate cut bets and ...
THE Bangko Sentral ng Pilipinas (BSP) may no longer be pressured to continue easing monetary policy as restoring confidence in the Philippine economy now hinges on greater transparency, stronger ...