Fed Governor Cook: Views on Inflation and Artificial Intelligence
2026-09-29 01:43:07
According to CoinMeta, Federal Reserve Governor Lael Brainard Cook has recently expressed the following views: First, there are signs of widespread pressure in inflation data. Second, the productivity gains brought about by artificial intelligence will have a moderate deflationary effect in the coming years. Third, so far, there is limited evidence regarding how artificial intelligence will change the structure of the labor market. Fourth, there is significant concern about the scenario where artificial intelligence could lead to at least temporary increases in unemployment. Fifth, the productivity improvements from artificial intelligence will not offset the inflationary pressures that have been spreading this year in a timely manner. Sixth, in this context, the tools available to the Federal Reserve will be limited, and interest rate cuts could potentially drive up inflation.
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Source:Jin10 Data
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