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Fed’s Daly says to assess ‘net effect’ of all policies of new administration

Says still don’t have complete clarity on tariff impact. Says businesses can’t make big decisions right now. Says policy is in a very good place right now. Says AI technology could be “completely transformative”. Says no technology in the history of technologies has ever reduced employment. Comments from that “Economic Outlook and Work of the Federal Reserve” event at BYU.

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