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AI Boom Complicates Fed’s Demand Versus Supply Call, Clarida Says

Key Points

Former Federal Reserve Vice Chairman Richard Clarida says the Fed is weighing whether AI-driven growth represents a demand shock, which could call for higher rates, or whether productivity gains will eventually boost supply and ease inflation. He speaks on "Bloomberg Surveillance:

Former Federal Reserve Vice Chairman Richard Clarida says the Fed is weighing whether AI-driven growth represents a demand shock, which could call for higher rates, or whether productivity gains will eventually boost supply and ease inflation. He speaks on "Bloomberg Surveillance: The Fed Decides." (Source: Bloomberg)
AI Boom Complicates Fed’s (ORG) Clarida (PERSON) Federal Reserve (ORG) Richard Clarida (PERSON) Fed (ORG)
Originally published by Bloomberg Technology Read original →