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Federal Reserve officials, including Governor Christopher Waller, are expressing caution about potential interest rate cuts, citing risks from the Middle East conflict and its possible impact on inflation. Waller warned that an Iran war could lead to a "lasting price shock," influencing the central bank's policy decisions.
Federal Reserve Governor Christopher Waller stated that January's jobs data was an upside surprise, suggesting that if this trend continues, a policy pause might be appropriate.
Federal Reserve Governor Christopher Waller announced that the Fed is implementing a systemwide AI platform and incorporating AI usage into staff performance goals.
Fed Governor Christopher Waller is considering supporting a pause in Federal Reserve rate hikes if labor data stabilizes.
The Federal Reserve's Christopher Waller stated that the central bank is carefully implementing artificial intelligence technologies, emphasizing a cautious approach to new tech adoption.
Federal Reserve official Christopher Waller expresses uncertainty about how to interpret an economy that is growing but not creating jobs.