Fed Must Untangle AI’s Job Market Impact | Presented by CME Group
Bloomberg Television·2026-03-13 20:24
On March 6, we saw the latest reading of non-farm payrolls, and it came in significantly lower than expected, causing volatile swings in financial markets. Now, in the hours directly after the news, futures markets began to price in a more dovish Federal Reserve, but that didn't last very long. Two factors seem to stand in the way of lower rates.The more immediate story is the potential inflationary effects of higher oil prices, but the longer term narrative centers around the effects that AI is having on t ...