Panel: artificial intelligence and data reliability complicate Fed policymaking
Presenters warned that AI adoption, potential labor‑market disruption, and increasing unreliability of traditional and alternative data sources complicate monetary policy, urging data‑grounded approaches and caution when using machine‑learning-derived indicators.
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Presenters at a Federal Reserve System briefing identified artificial intelligence and data‑quality challenges as central uncertainties for monetary policy and urged caution when incorporating alternative data and machine‑learning techniques.
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