leave interest rates unchanged in june. leave interest rates unchanged injune. charles lieberman, who has worked at the new york fed and is now chief investment officer and advises capitol management explained the rationale. rationale. the fed has tightened rationale. the fed has tightened monetary i rationale. the fed has - tightened monetary policy quite dramatically quite quickly, basically a phase with five percentage point increase in a little more than a year. and thatis little more than a year. and that is huge. historically it is an enormous increase. and i think there is a loss of there is one view that the feds should wait to see the impact of what they ve done. any should wait to see the impact of what they ve done. any break ma be of what they ve done. any break may be short of what they ve done. any break may be short lived. of what they ve done. any break may be short lived. us - may be short lived. us inflation are still running well above the feds
could act for themselves rather than our needs. those warnings about the risks than our needs. those warnings about the risks from than our needs. those warnings about the risks from artificial i about the risks from artificial intelligence feel a world away from the mediaeval streets of strasbourg. here the european union is first out of the blocks to try and bring in the world s first ai blocks to try and bring in the world s first al was. margrethe vestager is the european chief leading the regulation charge. ai will be everywhere, in everything we do, you know, your hairdresser will use ai everything we do, you know, your hairdresser will use alto suggest you another way of doing your hair, so it is important that every authority also get the competence to related to the effects of the use of ai. so i don t believe in sort of one major ai authority. in sort of one ma or ai authoritvfi in sort of one ma or ai authority. in sort of one ma or ai authori . ~ ., ., , ., ~ in sort o