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  • 20:01
    OpenAI hires executive Alberta Lee from Google to oversee mergers and acquisitions
    Jinse Finance reported that OpenAI has recruited executive Alberta Lee from Google to be in charge of mergers and acquisitions.
  • 19:52
    Williams: Current monetary policy is fully prepared for 2026
    Jinse Finance reported that John Williams, President of the Federal Reserve Bank of New York, stated that monetary policy is well-prepared for next year. Just last week, the Federal Reserve lowered interest rates amid increased employment risks and slightly reduced inflation risks. "Monetary policy is very focused on balancing these risks. To this end, the Federal Open Market Committee (FOMC) has shifted from a slightly restrictive monetary policy stance towards neutrality," said the New York Fed President. Thanks to supportive fiscal policy, "favorable financial conditions," and investments in artificial intelligence, economic growth next year is expected to accelerate to about 2.25%, higher than the 1.5% projected for 2025. He also added that he expects inflation to fall to just below 2.5% next year, and then reach the Federal Reserve's 2% target by 2027.
  • 19:52
    Williams: Productivity Expected to Exceed Average Levels in the Next 5-10 Years
    Jinse Finance reported that John Williams, President of the Federal Reserve Bank of New York, stated that no investment boom has been observed outside the field of AI; he expects productivity over the next 5-10 years to be above the average level.
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