Federal Reserve Governor Waller: CEOs indicate that artificial intelligence will lead to massive layoffs, and the March interest rate decision depends on February labor data
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Federal Reserve Governor Waller stated that companies are starting to lay off employees after over-hiring, and CEOs believe that artificial intelligence will lead to significant layoffs. The labor market is weak, and the March interest rate decision will depend on February's employment data. If the February employment data is strong, there may be a pause in interest rate cuts. Market risk warning, investment should be cautious
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