Federal Reserve Bank Barkin said that companies sell to companies are confident in their pricing capabilities; companies that sell to consumers are uncertain whether they can pass on costs, and the Federal Reserve is currently not in a state of “forward-looking guidance.” He believes that the labor market is not as strong as the data shows, thinks it is weak, and is indeed worried about how long low-end consumer spending will last. Barkin said he does believe that helping people understand the reaction function will help the market play its role, but he also believes that too careful guidance will lead to restraint. Barkin said that companies generally don't like layoffs, and even if they are cautious about recruitment, they prefer to avoid layoffs. Barkin said he is struggling whether to focus on inflation, which has been above target for more than five years, or whether it is slowing down after experiencing two rounds of jumps. The higher the extent to which overall inflation continues to slow, the more it helps to control inflation expectations. Many AI use cases don't seem mature enough to cause a drastic reduction in the number of employees. The net impact of artificial intelligence on employment is less worthy of attention than the problem of job redistribution that it may cause. Barkin said that since any model has standard errors, it is difficult to determine whether the policy is restrictive

Federal Reserve Bank Barkin said that companies sell to companies are confident in their pricing capabilities; companies that sell to consumers are uncertain whether they can pass on costs, and the Federal Reserve is currently not in a state of “forward-looking guidance.” He believes that the labor market is not as strong as the data shows, thinks it is weak, and is indeed worried about how long low-end consumer spending will last. Barkin said he does believe that helping people understand the reaction function will help the market play its role, but he also believes that too careful guidance will lead to restraint. Barkin said that companies generally don't like layoffs, and even if they are cautious about recruitment, they prefer to avoid layoffs. Barkin said he is struggling whether to focus on inflation, which has been above target for more than five years, or whether it is slowing down after experiencing two rounds of jumps. The higher the extent to which overall inflation continues to slow, the more it helps to control inflation expectations. Many AI use cases don't seem mature enough to cause a drastic reduction in the number of employees. The net impact of artificial intelligence on employment is less worthy of attention than the problem of job redistribution that it may cause. Barkin said that since any model has standard errors, it is difficult to determine whether the policy is restrictive