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Federal Reserve's Goolsby: Concerns that service sector inflation may not subside.

2026-09-21

Federal Reserve's Goolsby: Concerns that service sector inflation may not subside.

Other News
2026-09-21

Intel (INTC.O) shares extended gains to 13%, marking its biggest intraday gain since July 30.

Intel (INTC.O) shares extended gains to 13%, marking its biggest intraday gain since July 30.
2026-09-21

ECB executive board member and Bank of Italy governor PANETTA said on Monday central banks need to understand who captures AI-driven gains because their distribution will affect aggregate demand and inflation. He said AI will change productivity and

ECB executive board member and Bank of Italy governor PANETTA said on Monday central banks need to understand who captures AI-driven gains because their distribution will affect aggregate demand and inflation. He said AI will change productivity and growth and reshape labor markets, financial markets and payment systems. If AI mainly creates new tasks and raises market expectations of future labor income, aggregate demand could rise before full productivity gains materialise, prolonging inflationary pressure. If automation predominated and suppresses consumption, AI’s disinflationary effects could show up sooner.
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