Jerome Powell LIVE: ‘It Is A Better Version Of A Person…’ Says This On Job Market & AI Disruption
April 17, 2025
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11:55:01Now PlayingJerome Powell LIVE: ‘It Is A Better Version Of A Person…’ Says This On Job Market & AI Disruption
YouTube Description
as posted by the channelFederal Reserve Chair Jerome Powell speaks live at the Economic Club of Chicago, discussing the Fed’s outlook on inflation, interest rates, and recession risks. In a conversation with economist Raghuram Rajan, Powell addressed the impact of artificial intelligence on the job market, describing AI as “a better version of a person,” highlighting concerns about potential job displacement. He also commented on the Trump administration’s tariffs, noting they are “significantly larger than anticipated” and could lead to higher inflation and slower economic growth. Powell emphasized a cautious approach, stating the Fed is well-positioned to wait for greater clarity before adjusting interest rates. Investors and markets are closely watching for any shifts in monetary policy direction. Stay tuned for Powell’s latest remarks on U.S. economic health and the path ahead.
#jeromepowell #jobs #ai #artificialintelligence #federalreserve #trumptariffs #economicoutlook #usstockmarket #nyse #economy #useconomy
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