AI and the Economy
Speech by Philip N. Jefferson, Vice Chair (Board of Governors of the Federal Reserve System). A speech or remarks are the speaker’s, not the Board of Governors of the Federal Reserve System’s policy unless its own text says so. Dated 2025-11-07. Occasion: Euro20+, Deutsche Bundesbank, Frankfurt, Germany.
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- AI and the Economy Board of Governors of the Federal Reserve System · published 2025-11-07 · Retrieved for the candidate pack on 2026-11-02 (SHA-256 ef42d6ed1bfdef2ebb8181441764a3c0377e903f39bc01682e87ec47fea6c4f7). Retrieved again at admission on 2026-11-06 (SHA-256 9ba23c996636a12ee3e73af001303769b4192de911c94b7b80f530f601207a5a; web pages are served with new markup on each request). HTML speech page as served on 2026-11-02
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- AI and money: what central banks and financial authorities have said, 1997–2026 →1 record on this document
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- AI’s economic effects matter for monetary policyIn a speech of 7 November 2025, Philip N. Jefferson, Vice Chair of the Federal Reserve Board, said that productivity gains from AI may affect the relationship between employment and inflation and hence the conduct of monetary policy, while adding that it is likely still too soon to tell what these effects mean for policy.2025-11-07 · event · Stated in source · Supported Inspect claim & evidence ↗AI’s economic effects matter for monetary policy: propositions page →
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