Fed's Waller: Labor Market Dynamism Key to Outlook, Signals Data-Dependence
Published 23 h ago8 sourcesEvidence: Reported
RBA Assistant Governor Sarah Hunter discusses how falling costs of AI-driven 'intelligence' could boost productivity and alter economic dynamics, potentially affecting inflation and labor markets. The speech signals central bank attention to AI's macroeconomic effects, though no policy stance is specified. It matters as it may influence RBA's medium-term outlook and market expectations.
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