✉news BusinessEconomy first seen 2 h ago, last 7 min ago, peak #21

Fed Vice Chair Philip Jefferson on AI, Inflation and Credibility

Original: Double Hoo Fed Vice Chair Philip Jefferson on AI, Inflation and Fed Credibility

Federal Reserve Vice Chair Philip Jefferson, a University of Virginia alumnus, discussed how artificial intelligence may affect the economy, the outlook for inflation, and what it takes for the central bank to keep its credibility. Jefferson said policymakers are watching how AI shapes productivity and hiring, while stressing that the Fed's commitment to its inflation target is central to public trust.

Why now: Markets and the public are closely watching Fed signals on inflation policy at a time when AI's economic impact is a hot topic.

Philip JeffersonFederal ReserveUniversity of Virginia

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• Double Hoo Fed Vice Chair Philip Jefferson on AI, Inflation and Fed Credibility · Darden Report

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