Fed's Daly: The Fed's policy at the November meeting will be determined based on data, and artificial intelligence is not considered as part of policy work

Odaily Planet Daily Report: Fed's Dai said the Fed will continue to adjust its policy. The recent rate cut by the Fed was a "narrow victory". I strongly support a 50-basis-point rate cut. The policy for the Fed's November meeting will be decided based on the data. So far, we have not seen any signs that we will not continue to cut rates. If inflation continues to decline, even if the economy performs strongly, I hope to maintain an open attitude and continue to ease policy. He also said that in the Silicon Valley Bank incident, what was not noticed was the "concentration risk" of its customer network. An independent central bank is an advantage. The Fed has not incorporated artificial intelligence as part of its policy work. The Fed's current work on artificial intelligence is to understand how other institutions use artificial intelligence and its impact on the economy. (Gold Ten)