Federal Reserve Bank of San Francisco: U.S. Inflation Signs of Slowing Down

The President of the Federal Reserve Bank of San Francisco confirmed that U.S. inflation is approaching a slowdown, with the continued tightening of monetary policy to help curb prices. She pointed out that external factors, such as rising oil prices and Middle East tensions, were responsible for the recent inflation surge, but the decline in energy prices is fueling hopes for price stability, while officials remain cautious about future scenarios. Additionally, efforts to develop new analytical tools to support monetary policy decisions were discussed, with increasing reliance on artificial intelligence.