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Fed Governor Barr: In the short term, AI's largest impact is upward pressure on costs.

2026-09-30

Fed Governor Barr: In the short term, AI's largest impact is upward pressure on costs.

Other News
2026-09-30

President Trump said Tuesday he signed a document with US technology executives in Washington described as "ethically binding" on artificial intelligence and likened it to "in some ways like a constitution," saying it could provide a protective frame

President Trump said Tuesday he signed a document with US technology executives in Washington described as "ethically binding" on artificial intelligence and likened it to "in some ways like a constitution," saying it could provide a protective framework for AI development. He said the administration is considering creating an oversight committee of about 10 members to supervise AI development, and that he has formally renamed artificial intelligence (AI) as Super Intelligence (SI). Trump has previously said the US does not need new AI-specific regulation and opposed a global scheme to control AI at the UN General Assembly.
2026-09-29

SAFE Deputy Director Li Bin said in a Q&A on end-June 2026 data that China’s external debt was broadly stable in Q2. At end-June, all-currency external debt stood at $2,498.2 bln, up $86.1 bln (4%) from end-March, driven by firmer cross-border trade

SAFE Deputy Director Li Bin said in a Q&A on end-June 2026 data that China’s external debt was broadly stable in Q2. At end-June, all-currency external debt stood at $2,498.2 bln, up $86.1 bln (4%) from end-March, driven by firmer cross-border trade and increases in trade credit and intercompany lending. RMB-denominated external debt rose to 56% of the total, up 1 ppt from March; medium- and long-term external debt accounted for 41%, unchanged from end-March.
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