In a recent interview, Elon Musk projected that it is very likely that in around 3 years from now, AI and robotics advances will be sufficient to put the economy in a state of deflation. He believes ...

I. IntroductionSince the mid-1990s, the Japanese economy has faced long-term deflation characterized by persistent price ...

Trump's first term saw low inflation, with PCE inflation averaging 1.7%, despite concerns over tax cuts, deficits, and tariffs. It’s looking like Trump could take a hatchet to government employment ...

<?xml encoding="utf-8" ?> The gap between the cost of using and producing artificial intelligence is widening. Inference-token costs have been falling roughly 47% a quarter—about 13x a year—faster ...

China has done what economists warned couldn't be done without catastrophe, at least in the US. Home prices recently reached two-decade lows in the country while keeping its economy strong. Frank ...

CPI rises to 21-month high on food price spike PPI still stuck in negative territory Deflationary trend expected to persist through to next year More policy support expected as domestic demand remains ...

This paper evaluates the effectiveness and robustness of a Tax on Inflation Policy (TIP) for improving welfare at the Zero Lower Bound (ZLB) in a New Keynesian model. When the ZLB results from a fall ...

This analysis is by Bloomberg Intelligence Senior Macro Strategist Mike McGlone. It appeared first on the Bloomberg Terminal. The global economy appears likely to face enduring deflationary fallout ...

Instead of encouraging unrestricted AI adoption, companies are beginning to manage AI spending like any other operating expense. The Verge reported last month that Microsoft began cancelling most of ...