Federal Reserve Governor Logan stated that inflation faces upside risks, while the labor market remains stable and economic growth is solid, with artificial intelligence providing an additional boost.
Federal Reserve Governor Logan stated that inflation still faces upside risks, but the labor market is stable and economic growth solid, with AI providing an additional boost, according to a Jinshi report. The remarks reflect the Fed's assessment of the current economic situation.
Logan noted that while inflationary pressures require vigilance, the strong job market and resilient growth provide policy support. Advances in AI are becoming a new driver of economic vitality.
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