St. Louis Federal Reserve President Alberto Musalem pushed back against growing optimism that artificial intelligence-driven productivity gains could eventually solve the inflation problem and justify easier monetary policy. Speaking at an economic conference in Reykjavik, Musalem warned that it would be dangerous for the Fed to rely on hypothetical future productivity improvements while inflation remains […]The post Fed’s Musalem Rejects AI Optimism as Substitute for Vigilant Monetary Policy appeared first on ActionForex.