Lates News

Federal Reserve Bartkin: The pace and uncertainty of transformation in the field of artificial intelligence are causing many Federal Reserve officials to feel uneasy. Even before the oil shock, there was a risk of inflation stagnation. Maintaining interest rates in March "seemed prudent." They will closely monitor inflation and expectations data. Rising gasoline prices are dampening consumer confidence and may squeeze other expenditures. Although the unemployment rate is low, the labor market feels fragile.