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News 2026-07-16 23:01 UTC

Fed’s Jefferson: Timing Of AI Supply And Demand Impacts Is Critical For The Fed

* Current Policy Well Positioned; Can Reconsider If Needed * Current Rates Should Support The Labour Market And Disinflation * AI Likely To Have A Lasting Impact On Supply And Demand * Firmly Committed To Returning Inflation To 2% * Current Policy Is Well Positioned * Can Reconsider Policy If Inflation Does Not Cool So