Fed's Barr Says Inflation Is A Key Concern; Fed Has Been 'knocked Off Course' To 2% Goal; Barr Does Not See A Clear Trend Toward A Timely Return To 2% Inflation; Says Makes Sense To Pencil In AI Productivity Boost In Medium Term, But Difficult To Project How Or When; He Is Optimistic AI Will Boost Productivity In The Longer Term

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Fed's Barr Says Inflation Is A Key Concern; Fed Has Been 'knocked Off Course' To 2% Goal; Barr Does Not See A Clear Trend Toward A Timely Return To 2% Inflation; Says Makes Sense To Pencil In AI Productivity Boost In Medium Term, But Difficult To Project How Or When; He Is Optimistic AI Will Boost Productivity In The Longer Term | WAPE

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