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Philip Jefferson on AI, Inflation and Fed Credibility

Original: Philip Jefferson on AI, Inflation & Fed Credibility

Philip Jefferson, the Federal Reserve's vice chair, discussed artificial intelligence, inflation and the credibility of the US central bank in remarks carried by the Darden Report. The comments connect two live debates: how AI might affect productivity and prices, and whether the Fed can maintain public trust as it manages inflation.

Why now: Jefferson is a top Fed policymaker and his views on AI and inflation bear directly on interest-rate expectations.

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Evidence

• Philip Jefferson on AI, Inflation & Fed Credibility · Darden Report

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