Fed's Cook: AI May Cause Short-Term Unemployment

Artificial intelligence has triggered a generational shift in the U.S. labor market and could lead to a possible rise in the unemployment rate that the U.S. central bank may not be able to counter with lower interest rates, Federal Reserve Governor Lisa Cook said...

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https://www.newsmax.com/finance/economy/lisa-cook-federal-reserve-ai/2026/02/24/id/1247223