Fed's Daly: Labor Market Conditions Have Improved After 75-Basis-Point Rate Cut
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Author:小编   

On February 20, Fed's Daly stated that after a 75-basis-point rate cut, labor market conditions have improved and the policy is in a good state. However, due to external shocks such as tariffs, the final stage of achieving the 2% inflation target remains challenging. The commercial application of technology is expected to ease inflation. She emphasized that there is a real demand for artificial intelligence capital expenditures, not just talk. Given the weakening labor market, artificial intelligence capital expenditures do not pose inflationary pressure for now.