Fed's Daly: How much tightening and when is no a decision for right now

What we know so far
investingLive (Nov 13, 00:40): No doubt of AI-fueled price pressuresAI contributing directly only a modest amount to inflationAI having limited impact on labor marketWe have an inflation problem, but AI is not doing most of the drivingThere has been repricing in AI valuations, but it’s not the unwinding of interest or enthusiasmThat suggests there’s not a risk to growthThere is positive momentum for productivity…
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