Musalem Says Fed Can't Rely on Possible Productivity Boom From AI

Name: Musalem Says Fed Can't Rely on Possible Productivity Boom From AI
Uploaded: 2026-05-28T15:29:46.000Z
Duration: 1 min 45 s
Description: Musalem Says Fed Can't Rely on Possible Productivity Boom From AI

Written by BloombergPublished May. 28 2026Last Updated May. 28 2026

Federal Reserve Bank of St. Louis President Alberto Musalem says policymakers cannot depend on a potential productivity boom from AI to ease elevated inflation at a conference in Reykjavík, Iceland.