By Michael S. Derby Feb 24 (Reuters) - Federal Reserve Governor Christopher Waller said on Tuesday he doesn’t expect the adoption of artificial intelligence technology to totally upend the job market in the U.

Fed launches systemwide AI platform, makes adoption a performance goal, and deploys genAI in payments, risk & ops with strict safeguards—read more now.

AI adoption and use are still evolving, and the technology itself is changing rapidly. What we know about AI and its impact on productivity growth and the economy remains uncertain. Transformations take time.

Advances in AI are unlikely to push down interest rates in the short term, a key Federal Reserve official said Tuesday — a stark contrast to Fed Chair nominee Kevin Warsh’s plan for slashing borrowing costs.

By Howard Schneider and Ann Saphir WASHINGTON, Feb 18 (Reuters) - Federal Reserve policymakers were in near-unanimous agreement to keep interest rates on hold at their meeting last month, but remained split over their next steps,

In 2024, the San Francisco Fed and the Federal Reserve System Innovation Office launched the EmergingTech Economic Research Network (EERN) to support a better

San Francisco Federal Reserve President Mary Daly said that monetary policy is “in a good place” and that officials at the central bank have been assessing what effect artificial intelligence will have on the economy.

Executives have more trust in the central bank's board than their smaller-bank brethren, according to American Banker's 2026 Predictions report.