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A Bloomberg Surveillance Jackson Hole Special

Bloomberg Surveillance

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Navigating Economic Complexity

This chapter explores the Federal Reserve's role in managing monetary policy amid a changing economic landscape, focusing on inflation trends and labor market conditions. It addresses the challenges of measuring productivity, particularly in relation to technological advancements like AI, and the implications for effective policy-making. The discussion emphasizes the need for a forward-looking approach to interest rate adjustments, while also considering the socio-economic impacts of these decisions.

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