Mark Davis / Staff / Getty Images
GM, readers! I'm Phil Rosen. It's great to see you on a Saturday.
As you've likely seen, artificial intelligence has been the talk of the town.
Photo by Kevin O'Leary/O'Leary Ventures; Graphic by Phil Rosen/Insider
Good morning, Opening Bell crew. Senior reporter Phil Rosen here.
Yesterday, Fed Chair Jerome Powell gave a speech at the Economic Club of Washington, saying the stronger-than-expected labor market is going to make the inflation fight difficult.
"It kind of shows you why we think this will be a process that takes a significant period of time," Powell said, adding that the path forward is "probably going to be bumpy."