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AI, Energy Disruptions & Dangers on Both Sides of Fed's Dual Mandate
Description
Larry Werther talks about where he sees strengths and weakness on both sides of the Fed's dual mandate. AI in the workspace is something he doesn't see affecting employment short-term, though he believes some displacement will happen for white collar workers over time. On the inflation front, he suggests it depends on the Strait of Hormuz reopening. Larry explains how he sees it all playing out for the FOMC's interest rate outlook.
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