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Jerome Powell is struggling to shed his label as the lowest-rated US Federal Reserve chairman in nearly a quarter century, as inflation persists and high prices irritate US consumers, according to a new Gallup poll. The survey shows 39% of US adults say they have a “great deal” or a “fair amount” of confidence that the Fed chairman would do the right thing ...
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Dangers to financial stability posed by the development of artificial intelligence tools are already starting to become a worry, two central bank chiefs told a conference on Tuesday. Asked if there’s “something bad that could happen that you are preparing for” related to the technology, the policymakers from two Asian banking hubs each highlighted possible ...
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