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FED VICE CHAIR JEFFERSON: AI-RELATED LABOR MARKET DISRUPTIONS MAY REQUIRE SOLUTIONS BEYOND MONETARY POLICY.
FED VICE CHAIR JEFFERSON: AI-DRIVEN TRANSFORMATION MAY BRING DISRUPTION FOR SOME WORKERS AND COMPANIES.
FED VICE CHAIR JEFFERSON: AI SHOULD CONTRIBUTE TO GAINS IN OVERALL ECONOMIC PRODUCTION AND INCOME.
FED VICE CHAIR JEFFERSON: AI OPTIMISM HAS BEEN A MAJOR DRIVER OF STOCK MARKET GAINS IN RECENT YEARS.
FED VICE CHAIR JEFFERSON: INFLATION REMAINS ELEVATED ABOVE THE 2% TARGET.
FED VICE CHAIR: INFLATION TRENDS ARE MORE IMPORTANT THAN CURRENT READINGS IN SETTING THE POLICY RATE.
FED'S JEFFERSON: TASK FORCE REPORTS TO REACH THE FOMC IN THE NEXT FEW MONTHS OR SOONER.
FED'S JEFFERSON: AI EXPANSION COULD INFLUENCE AGGREGATE DEMAND AND ADD TO INFLATIONARY PRESSURES.
Fed Vice Chair Jefferson: The Fed's policy deliberations have never been influenced by concerns over debt or deficits.
Fed's Jefferson: I have not seen political factors influence discussions at FOMC meetings