Fed · Low impact

Fed Vice Chair Jefferson on Productivity and New Technology

Nov 13, 2026, 7:00 p.m. ET

Vice Chair Philip Jefferson speaks on "New Technology, Old Questions: Assessing Productivity Puzzles and Their Implications for Macroeconomic Activity" at the University of California San Diego, per the Fed Board's calendar: the question of whether AI is already lifting output per hour, and so holding down inflation, ahead of the December 8–9 meeting.