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🚨 BREAKING: Powell says AI spending is boosting growth — but could also reshape jobs and monetary policy 🚨 Federal Reserve Chair Jerome Powell just weighed in on one of the most debated topics in markets: AI’s impact on the economy. Powell highlighted that AI investment — especially big spending on data centers and chips — has been a key component underpinning business investment and economic growth, even as inflation and labor-market slack persist. 🔍 Why this matters: • AI is doing more than powering tech stocks — it’s becoming a macro driver that may support GDP growth in 2026. • Powell acknowledged that while AI could raise productivity and output, it may also disrupt jobs, depending on how businesses adopt automation and labor-saving tech. • This framing shifts the narrative: AI isn’t just a market fad — it’s now a policy-relevant economic force that central bankers must reckon with. 📊 Market implications: ✔ Investors should watch productivity data — not just inflation and employment — as part of Fed decision triggers. ✔ If AI-led growth helps balance inflation & output, the Fed may delay aggressive cuts to verify sustained progress. ✔ But if job displacement accelerates without wage gains, Fed could pivot toward supportive easing to counter weakness. Bottom line: Powell is positioning AI as both an economic engine and structural challenge — something markets must now price into interest rates, equities, and labor-sensitive sectors. #Powell #Fed #AI #MonetaryPolicy #MarketUpdate
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100k +
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same question
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this coin is very good as last few day ago only okx wallet given 120 million token of this night then also there was not much impact on prices
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