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The Federal Reserve is contending with uncertainty over what terminology to use for artificial intelligence as it relates to the economy. Andrew Ackerman highlighted that the San Francisco Fed's website has shifted entirely to the use of 'SI,' following previous criticism from Republicans who accused the institution of being unduly woke, while Fed governors have used both terms.
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Andrew Ackerman previously reported that the Federal Reserve is likely to keep rates steady ahead of the U.S. mid-term elections, as inflation remains persistent according to his coverage. He also noted that recent remarks from Warsh provided little new information before the Fed’s October meeting in an earlier article. Both pieces reflect Ackerman’s ongoing reporting on Federal Reserve communications and policy decisions.