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2 stories tagged #Federal Reserve Bank of Chicago

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  1. Fed's Goolsbee Warns Inflation 'Bad News' Rate Cuts Unlikely
    finance

    Fed's Goolsbee Warns Inflation 'Bad News' Rate Cuts Unlikely

    Chicago Fed president says April wholesale prices rose 6%, threatening rate cuts and risk assets like Bitcoin.

    2w ago 1 min read
  2. Economists Shift Stance: AI's Job Displacement Threat Now Acknowledged
    tech

    Economists Shift Stance: AI's Job Displacement Threat Now Acknowledged

    A landmark study reveals economists now concede AI could lead to significant job losses, challenging prior "augment, not replace" theories and raising inequality concerns.

    last mo. 1 min read