Dec. 23 at 11:42 PM
$BABA $BIDU 309$. AI booster driver seat.
Hassett, a leading contender to succeed Federal Reserve Chair Jerome Powell when his term ends in May, said the artificial intelligence boom is boosting economic growth while simultaneously putting downward pressure on inflation.
“If you look at central banks around the world, the U.S. is way behind the curve in terms of lowering rates,” the top White House economic advisor told CNBC in a “Money Movers” interview.
