St. Louis Fed

The Federal Reserve is considering raising interest rates as inflation hits 4.1%, driven by tariffs, elevated oil prices, and a surge in corporate spending on AI infrastructure. FOMC minutes from Marc…

An AI expert argues that claims of 5-10x productivity gains from AI are unsupported by rigorous studies, which show real gains of 15-40% in specific tasks and near-zero impact on whole-economy product…

Federal Reserve Bank of St. Louis President Alberto Musalem warned against relying on artificial intelligence to reduce inflation, stating it is "too early to outsource" the central bank's inflation-c…