TechFlow News, July 14, Federal Reserve Chair Walsh is optimistic about the overall economic situation. He believes that the labor market is generally stable, with almost no layoffs, and nominal wages have also increased.
The Federal Reserve Chair is more cautious about the boom in the field of artificial intelligence. He believes that although artificial intelligence has driven an increase in corporate investment, it has also brought uncertainty to the economy.
He stated: "We are not yet clear to what extent the economy can benefit from the development of artificial intelligence." "New opportunities emerging in the economic field also bring new challenges to policymakers. The Federal Reserve is closely monitoring the impact of these changes on inflation and the labor market." (Jin10)
