The Federal Reserve is creating new advisory groups to study how artificial intelligence affects the economy. Meanwhile, financial markets are waiting for important inflation data and company profit reports during a time of global political instability.

聯準會目前正在成立新的諮詢小組，以研究人工智慧如何影響經濟。與此同時，在全球政治不穩定的時期，金融市場正等待重要的通貨膨脹數據與公司獲利報告。

Under the leadership of Chairman Kevin Warsh, the Federal Reserve has started five task forces to improve its economic analysis. One key group, the 'Productivity and Jobs' panel, is co-led by Marc Andreessen, Charles I. Jones, and Asha Sharma. This group is responsible for studying how AI influences economic growth and employment. Chairman Warsh suggested that AI could increase productivity, which might allow the Fed to lower interest rates without causing inflation. However, not all committee members agree, as some believe the timing and size of these gains are still unclear. Additionally, New York Fed President John Williams pointed out that the high demand for semiconductors and electricity caused by AI has led to significant price increases.

在主席 Kevin Warsh 的領導下，聯準會啟動了五個專案小組以改善其經濟分析。其中一個關鍵小組「生產力與就業」由 Marc Andreessen、Charles I. Jones 和 Asha Sharma 共同領導。該小組負責研究 AI 如何影響經濟增長與就業。Warsh 主席建議 AI 可能會提高生產力，這或許能讓聯準會在不引起通貨膨脹的情況下調低利率。然而，並非所有委員會成員都同意，因為部分成員認為這些收益的時間點與規模仍不明確。此外，紐約聯準會總裁 John Williams 指出，AI 引起對半導體與電力的強烈需求，已導致價格大幅上漲。

At the same time, the appointment of Xbox CEO Asha Sharma has faced criticism. This happened after Microsoft cut about 3,200 jobs while hiring over 2,000 H-1B visa workers. Consequently, Vice President JD Vance has started an investigation into possible H-1B visa fraud. Microsoft has defended its actions, asserting that the job cuts were based on business needs rather than visa status.

與此同時，Xbox 執行長 Asha Sharma 的任命面臨批評。此前微軟在僱用超過 2,000 名 H-1B 簽證工作者的同時，裁員約 3,200 人。因此，副總統 JD Vance 已開始調查可能的 H-1B 簽證欺詐。微軟對其行為進行辯護，聲稱裁員是基於業務需求而非簽證狀態。

Finally, stock markets are starting the second-quarter earnings season, with growth expected to stay above 20%. Analysts believe that current market highs are driven by actual profit growth. However, this trend depends on stable inflation. Because the ceasefire between the U.S. and Iran has ended, oil prices have risen, which could create long-term price pressures. Investors are now waiting for the June inflation data to see if the Federal Reserve will raise interest rates in September.

最後，股市進入第二季獲利季節，預計增長將維持在 20% 以上。分析師認為目前市場的高點是由實際利潤增長所驅動。然而，這一趨勢取決於通膨是否穩定。由於美國與伊朗之間的停火協議已結束，油價上漲，可能會造成長期價格壓力。投資者目前正等待 6 月的通膨數據，以觀察聯準會是否會在 9 月調高利率。

The Federal Reserve is using outside expertise to manage technological changes, while the general economy remains vulnerable to political tensions and inflation.

聯準會正利用外部專業知識來管理技術變革，而整體經濟仍易受政治緊張局勢與通貨膨脹影響。