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Fed's Daly says AI is not for now driving inflation up or down
June 4 : San Francisco Federal Reserve President Mary Daly on Thursday said that while she believes AI over a five- to 10-year window could be a deflationary force, the effect is "not a pressing issue" for monetary policy which operates on a 12-month horizon. Daly, at a Bloomberg Tech event in San Francisco,
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channelnewsasia.com
Fed's Daly says AI is not for now driving inflation up or down
June 4 : San Francisco Federal Reserve President Mary Daly on Thursday said that while she believes AI over a five- to 10-year window could be a deflationary force, the effect is…
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economictimes.indiatimes.com
Global Market: Fed's Daly dismisses AI as near-term inflation risk amid rising prices
San Francisco Fed President Mary Daly stated that while Artificial Intelligence may lower prices long-term, it's not a current concern for monetary policy. She believes AI's…
