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Search resuls for: "Steve Blitz"


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A Nvidia logo is seen on the company's building at an industry park in Tianjin, China, February 7, 2019. A blockbuster profit report Wednesday from Nvidia crystallized an important point for both markets and the economy: For better or worse, artificial intelligence is the future. "AI is real, AI is not a fad and we're only in the early innings," said Steve Blitz, chief U.S. economist at TS Lombard. "Does it change the course of the economy over the next three to six months? Does it change the economy over the course of the next three to six years?
Persons: Steve Blitz Organizations: Nvidia, Wall, TS Lombard Locations: Tianjin, China, Silicon Valley
Jerome Powell, chairman of the US Federal Reserve, speaks during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. Federal Reserve officials this week gave their clearest signal yet that they're willing to tolerate a recession as the necessary trade-off for regaining control of inflation. That's monetary policy in this era of rapid inflation, swooning economic growth and heightened fears over what could go wrong. "But I would argue that they're still being overly optimistic at which the inflation rate is going to decelerate on its own." "Right now, the pain that I hear, the suffering that people are telling me what they're going through, is on the inflation side," she said during a talk at the Council on Foreign Relations.
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