Fed's Barr (voter) says in the long run, AI is likely to add to productivity; AI must be used to promote access to credit

Newsquawk StaffFederal Reserve newsPublished 15 Apr 2026, 13:16 UTC

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12:56

Fed's Barr (voter) says in the long run, AI is likely to add to productivity; AI must be used to promote access to credit

12:51

Bank of America (BAC) lifts FY26 NII guidance to up 6-8% (prev. +5-7%); have been in a benign credit environment for some time

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Italy's budget watchdog UPB says the Iran war is expected to reduce Italian GDP growth by 0.2-0.4% in 2026 and 2027

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Context

Fed's Barr highlights the potential of AI to enhance productivity and improve access to credit, signaling a forward-looking perspective on technological integration within monetary policy. His comments suggest a need for the Fed to navigate an uneven economic landscape, which could influence future rate decisions and market sentiment about growth and inflation dynamics. Traders should watch for how this may shift expectations around Fed policy nuances and asset allocation across risk assets and currencies.

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