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In a world shaped by globalization, tech, and AI, the Fed needs a new tool

WASHINGTON, DC - JANUARY 30:   Federal Reserve Board Chairman Jerome Powell pauses during a news conference after a Federal Open Market Committee meeting January 30, 2019 in Washington, DC. The Fed has decided to leave interest rates unchanged. (Photo by Alex Wong/Getty Images)
The Fed still uses the Philips Curive, but it's outdated already and will become more so as innovations like AI continue to transform our economy.Read More

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