Fed's Waller (voter, dove) says AI will not completely take humans out of the picture, it is a tool; says The Citrini report on AI overstates the risk to jobs.
Fed's Waller's comments suggest a dovish stance by downplaying the impact of AI on employment, which could ease concerns about a tighter labor market and its influence on monetary policy.
BoE's Bailey said last week's inflation was roughly where they thought it would be. Good price inflation was lower than forecast possibly due to China. Service price inflation has not eased as much as predicted.
Home Depot (HD) exec says it is mostly done with tariff-related pricing actions; not counting on a lot of support from tax stimulus
Fed's Waller (voter, dove) says AI will not completely take humans out of the picture, it is a tool; says The Citrini report on AI overstates the risk to jobs.
BoE's Pill says in the past the BoE has perhaps put too much weight on inflation being at target as opposed to future risks
Citron Research is short SanDisk (SNDK)
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This perspective may support a stable interest rate path and calm market fears around wage inflation, relevant for both USD movements and interest rate expectations. Traders should consider the implications for risk sentiment and any connections to broader market dynamics tied to technological advancements.
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