Fed's Barr Says Too Early To Know If AI Will Push Up Neutral Rate Of Interest; AI Buildout Likely To Be A Strong Boost To U.S. Economic Activity In Next Year Or So; Should Be Prepared For Serious Short-term Disruptions In Labor Market From AI; Broad Productivity Gains From AI May Take Some Time
Fed's Barr Says Too Early To Know If AI Will Push Up Neutral Rate Of Interest; AI Buildout Likely To Be A Strong Boost To U.S. Economic Activity In Next Year Or So; Should Be Prepared For Serious Short-term Disruptions In Labor Market From AI; Broad Productivity Gains From AI May Take Some Time