Barr: 'now is the time' to prepare for AI-driven job losses
American Banker
Federal Reserve Governor Michael Barr emphasizes the need to prepare for AI-driven job losses, urging society to address potential disruptions early to maximize long-term benefits. He highlights that the Fed is considering how AI-related productivity and investment will influence monetary policy. Barr expects the Fed to continue raising interest rates in the near term to control inflation.
All articles from 30 September 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.