Federal Reserve Barkin: Judging from the inflation expectations reflected in the long-term bond market, there are no signs of getting out of control

On May 22, Federal Reserve Barkin said that it was encouraged by recent employment growth, but it was not difficult to imagine the job losses that artificial intelligence could cause; employers outside the software industry had not yet reduced their workforce due to artificial intelligence. He also said that judging from the inflation expectations reflected in the long-term bond market, there is no sign of getting out of control, and bond yields are still within a reasonable range.