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Federal Reserve official: The current choice is between remaining patient or raising interest rates; inflation is the top economic risk, and AI has not had an impact yet.

Federal Reserve official: The current choice is between remaining patient or raising interest rates; inflation is the top economic risk, and AI has not had an impact yet.

Federal Reserve officials spoke intensively on Thursday, June 4, Eastern Time, with three regional Fed presidents sending relatively hawkish signals on issues of inflation and interest rate direction. They stated that the Fed’s main decision now is to exercise patience and keep rates unchanged, or to proactively raise rates
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