Fed's Musalem says it's risky to bet that AI will ease inflation | HappeningNow.news

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Fed's Musalem says it's risky to bet that AI will ease inflation

May 28 (Reuters) - St.

Source Summary Published May 28, 2026 Brief Under 1 min brief
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Summary

May 28 (Reuters) - St. Louis Federal Reserve President Alberto Musalem on Thursday offered a skeptical view of the expectation that artificial intelligence will ‌reduce inflation by fueling a surge in productivity, arguing it would be ‌a mistake for the U.S. central bank to count on that possibility by easing monetary policy.

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