Fed's Barr: AI Expected to Boost Long-Term Productivity

Just in | Fed's Hammack Warns of Impact from Rising Energy Prices and Their Duration - CNBC FED'S HAMMACK: RATES ARE IN A GOOD PLACE, BASELINE IS STAYING ON HOLD FOR WHILE Just in | Fed's Hammack: Job Market Shows Balanced Conditions. Fed's Hammack: It is a 'tough time' for Fed policy making FED'S HAMMACK: IT'S A BALANCING ACT ON HOW TO MANAGE FED BALANCE SHEET

Business activity increased moderately in New York State in April, according to firms responding to the Empire State Manufacturing Survey. The headline general business conditions ...

*BARR: FED'S INFLATION AND EMPLOYMENT GOALS ARE IN TENSION NOW Fed's Barr: We have to take shocks as a given and use the tools that are at hand Fed's Barr: The economy is running at two speeds, with "a lot of capacity" for people at the upper end, but others are having a harder time