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Fed's Waller says AI unlikely to significantly upend employment sector
NEW YORK, Feb 24 (Reuters) - Federal Reserve Governor Christopher Waller said Tuesday he doesn’t expect the adoption of artificial intelligence technology to wreck the job market in the U.S.‘I’m not a doom and gloomer” about AI’s economic impact, Waller said in a virtual appearance at a Boston Fed c...Reuters
Tue, Feb 24
Fed's Cook says AI triggering big changes, sees possible short-term unemployment rise
Cook says artificial intelligence triggering generational shift in labor marketFed governor warns of tradeoffs between unemployment, inflation due to AIAI investment boom could affect neutral interest rate, impacting monetary policyBy Howard Schneider WASHINGTON, Feb 24 (Reuters) - Artificial int...Reuters
Tue, Feb 24
US single-family home price growth slows in December, FHFA says
WASHINGTON, Feb 24 (Reuters) - U.S. single-family house price gains slowed in December, but economists believe tight inventory could prevent an outright decline in national home prices.House prices edged up 0.1% after an upwardly revised 0.7% increase in November, the Federal Housing Finance Agency ...Reuters
Tue, Feb 24
Fed's Waller says central bank deploying AI tech cautiously
By Michael S. DerbyFeb 24 (Reuters) - Federal Reserve Governor Christopher Waller said Tuesday the U.S. central bank is carefully moving to adopt artificial intelligence technology in a system-wide approach.“We cannot approach AI casually,” and “as a central bank, we hold ourselves to a high standar...Reuters
Tue, Feb 24
US tariffs: Policy paradox weighs on Dollar – NBC
National Bank of Canada's (NBC) Jocelyn Paquet analyzes recent US tariff developments after the Supreme Court overturned tariffs imposed under IEEPA, temporarily cutting the average rate before the Trump administration reinstated higher duties via a universal 15% tariff.Fxstreet
Tue, Feb 24
US GDP: AI imports offset investment boost – TD Securities
TD Securities’ US Macro Strategist Eli Nir analyzes how Artificial Intelligence-related activity affected US GDP in Q4 2025. Strong AI-driven fixed investment lifted Private Domestic Final Purchases, but a surge in computer and semiconductor imports dragged headline GDP lower.Fxstreet
Tue, Feb 24
Fed's Goolsbee: Rate cuts appropriate if inflation falls, but too soon to bet on productivity
Goolsbee cautious about cutting rates without clear inflation dropFed debates impact of productivity growth on monetary policyAI investments could also strain resources, affect inflation outlookBy Howard SchneiderWASHINGTON, Feb 24 (Reuters) - The U.S. Federal Reserve could resume cutting interest r...Reuters
Tue, Feb 24
German Chancellor Merz heads to China seeking openings as global pressure builds
Merz leads German business leaders to China for economic talksGermany faces trade deficit with China, impacting economic outlookChina's export controls and competition challenge German industriesBy Andreas Rinke BERLIN, Feb 24 (Reuters) - German Chancellor Friedrich Merz visits China this wee...Reuters
Tue, Feb 24
Mexico's annual inflation speeds more than expected in early February
MEXICO CITY, Feb 24 (Reuters) - Mexico's annual inflation rate hit 3.92% in the first half of February, official data showed on Tuesday, slightly above the 3.89% expected by economists polled by Reuters, while core inflation remained stubborn. Consumer prices in Latin America's sec...Reuters
Tue, Feb 24
