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In remarks of 24 February 2026, Lisa D. Cook, Governor of the Federal Reserve Board, said that she is thinking about how AI might affect the neutral rate of interest, and that with AI-related investment contributing to strong aggregate demand it is possible that the current neutral rate is higher than before the pandemic. Copy claim link
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Supporting evidence: primary · 1 source; Context: primary · 1 source
Date 2026-02-24 · event Records dated 2026 → Role Articulation Register (kind of text) Nonfiction Scope and limits Stated as a possibility in panel opening remarks; the speaker’s view with disclaimer, not an FOMC estimate of the neutral rate.
The evidence 03 primary source Supports the claim
Opening Remarks for the “AI and Productivity across the Economy” Panel ↗ Board of Governors of the Federal Reserve System · 2026-02-24
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Source excerpt “Second, I am thinking about how AI might affect the neutral rate of interest in the short run and over time.” Location in source Paragraph beginning ‘Second, I am thinking about how AI might affect the neutral rate of interest’
How it was read Retrieved directly from the publisher
Machine-checked · 2026-11-06
Source details and check notes Authors Lisa D. Cook Version Retrieved for the candidate pack on 2026-11-02 (SHA-256 bf97e4e7ac32a7c9314ddad346c3fa54576861d555ddcd1deabe5e27acd24c88). Retrieved again at admission on 2026-11-06 (SHA-256 41bdf893905bbd7544111f7ef095e0c762abe9d731ec44e9482549eb6930e1be; web pages are served with new markup on each request). HTML speech page as served on 2026-11-02 Canonical address Open the canonical source ↗ Accessed 2026-11-06 Language English (en) Attribution Lisa D. Cook, “Opening Remarks for the “AI and Productivity across the Economy” Panel”, 2026-02-24. Reuse No open redistribution licence asserted. Bibliographic metadata, editorial paraphrases and short attributed quotations (at most 50 words each). Recheck terms before wider redistribution. Check notes Candidate pack passage, AI and money (research/ai-money). The quotation (21 words) matched a fresh retrieval of 2026-11-06. Matching ignored differences of whitespace, case, quotation marks, dashes, line-break hyphens and Unicode compatibility forms. No human editorial review. primary source Supports the claim
Opening Remarks for the “AI and Productivity across the Economy” Panel ↗ Board of Governors of the Federal Reserve System · 2026-02-24
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Source excerpt “With investment contributing to strong aggregate demand, it is possible that the current neutral rate is higher than before the pandemic.” Location in source Same paragraph
How it was read Retrieved directly from the publisher
Machine-checked · 2026-11-06
Source details and check notes Authors Lisa D. Cook Version Retrieved for the candidate pack on 2026-11-02 (SHA-256 bf97e4e7ac32a7c9314ddad346c3fa54576861d555ddcd1deabe5e27acd24c88). Retrieved again at admission on 2026-11-06 (SHA-256 41bdf893905bbd7544111f7ef095e0c762abe9d731ec44e9482549eb6930e1be; web pages are served with new markup on each request). HTML speech page as served on 2026-11-02 Canonical address Open the canonical source ↗ Accessed 2026-11-06 Language English (en) Attribution Lisa D. Cook, “Opening Remarks for the “AI and Productivity across the Economy” Panel”, 2026-02-24. Reuse No open redistribution licence asserted. Bibliographic metadata, editorial paraphrases and short attributed quotations (at most 50 words each). Recheck terms before wider redistribution. Check notes Candidate pack passage, AI and money (research/ai-money). The quotation (21 words) matched a fresh retrieval of 2026-11-06. Matching ignored differences of whitespace, case, quotation marks, dashes, line-break hyphens and Unicode compatibility forms. No human editorial review. primary source Context only
Opening Remarks for the “AI and Productivity across the Economy” Panel ↗ Board of Governors of the Federal Reserve System · 2026-02-24
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Source excerpt “The views expressed here are my own and not necessarily those of my colleagues on the Federal Open Market Committee.” Location in source Footnote 1
How it was read Retrieved directly from the publisher
Machine-checked · 2026-11-06
Source details and check notes Authors Lisa D. Cook Version Retrieved for the candidate pack on 2026-11-02 (SHA-256 bf97e4e7ac32a7c9314ddad346c3fa54576861d555ddcd1deabe5e27acd24c88). Retrieved again at admission on 2026-11-06 (SHA-256 41bdf893905bbd7544111f7ef095e0c762abe9d731ec44e9482549eb6930e1be; web pages are served with new markup on each request). HTML speech page as served on 2026-11-02 Canonical address Open the canonical source ↗ Accessed 2026-11-06 Language English (en) Attribution Lisa D. Cook, “Opening Remarks for the “AI and Productivity across the Economy” Panel”, 2026-02-24. Reuse No open redistribution licence asserted. Bibliographic metadata, editorial paraphrases and short attributed quotations (at most 50 words each). Recheck terms before wider redistribution. Check notes Candidate pack passage, AI and money (research/ai-money). The text’s own statement of whose views it gives, shown beside the record; it is context, not support. The quotation matched a fresh retrieval of 2026-11-06. No human editorial review. Status and meaning Editorial status. Machine-checked . Machines found this record and checked it against its sources; no person accepted it individually. Each evidence record above shows how it was checked.
Relation. A passage of the document meets the proposition’s criterion. The record documents what the text states, in its register (fiction and satire are labelled); it is not evidence that the proposition is true and implies no influence on or from another text.
Date. Date the speech or remarks were delivered, as the text gives it.
Record ID am-u06-frb-2026-cook-ai-productivity