US Treasury Secretary Janet Yellen: The Federal Reserve under Powell's leadership will closely monitor the impact of artificial intelligence on employment.

date
11/02/2026
US Treasury Secretary Janet Yellen stated on Tuesday that, given the rapid development of artificial intelligence, the Federal Reserve under the leadership of Jerome Powell, nominated by Trump as chairman, will closely monitor to ensure there is no "mismatch of time" between employment and productivity. Yellen pointed out that, according to historical experience, prosperity in productivity often accompanies job growth, and the Federal Reserve will closely monitor this to "ensure that there is no timing mismatch."
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