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The University of Michigan survey showed that U.S. consumer confidence fell, with future 1-year inflation expectations rising from 4.0%to 4.6%, while long-term expectations rose to 3.4%。
John Williams, President of the Federal Reserve Bank of New York, said that AI could boost U.S. productivity, with an effect potentially similar to 1996 to 2005; duration remains the key variable.
A social media post claims that the U.S. private sector has added more than 1000000 jobs, while the federal workforce has fallen to 1960 levels not seen since the 19__BIBIBI_NUM_n__s.
