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Minneapolis Federal Reserve President Neel Kashkari said Wednesday that price growth remained a concern despite the latest data coming in cooler than economists predicted.
“Inflation is still too high,” Kashkari told CNBC’s Steve Liesman in an exclusive one-one-one interview as part of a Council on Foreign Relations event in New York.
Kashkari’s comments follow Wednesday morning’s release of the August personal consumption expenditures price index, known as the Fed’s preferred gauge of inflation. The core version of index, which strips out volatile food and energy prices, came in lower than economists forecasted at 3% on an annual basis.
TODAY: Bank of America CEO Brian Moynihan joins CNBC's Leslie Picker for an exclusive interview on "Closing Bell." Tune in to CNBC at 3:45 p.m. ET to watch.
TODAY: Qualcomm CEO Cristiano Amon joins Jon Fortt on “Power Lunch” in a First on CNBC interview from Qualcomm’s Snapdragon Summit in Hawaii. Tune in to CNBC at 2 p.m. ET to watch.
OpenAI on Wednesday said it found six instances of “unexpected or concerning model behavior” over the past six months, outside of the recent Hugging Face crisis, as the company continues to call for more safety protections in the development of artificial intelligence models.
In a blog post, OpenAI outlined a new framework the company plans to follow for reporting future model misbehavior. Watch more: https://youtu.be/MgYI6DZbs-I
TODAY: Brookfield CEO Bruce Flatt joins CNBC's Leslie Picker for an exclusive interview on "Halftime Report." Tune in to CNBC at 12:20 p.m. ET to watch.
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Minneapolis Federal Reserve President Neel Kashkari said Wednesday that price growth remained a concern despite the latest data coming in cooler than economists predicted.
“Inflation is still too high,” Kashkari told CNBC’s Steve Liesman in an exclusive one-one-one interview as part of a Council on Foreign Relations event in New York.
Kashkari’s comments follow Wednesday morning’s release of the August personal consumption expenditures price index, known as the Fed’s preferred gauge of inflation. The core version of index, which strips out volatile food and energy prices, came in lower than economists forecasted at 3% on an annual basis.
Watch the full conversation with Kashkari: https://youtu.be/NnJCtvsKI9E
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TODAY: OpenAI CFO Sarah Friar joins us for a First on CNBC interview. Tune in to CNBC at 3 p.m. ET to watch.
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TODAY: Bank of America CEO Brian Moynihan joins CNBC's Leslie Picker for an exclusive interview on "Closing Bell." Tune in to CNBC at 3:45 p.m. ET to watch.
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TODAY: Qualcomm CEO Cristiano Amon joins Jon Fortt on “Power Lunch” in a First on CNBC interview from Qualcomm’s Snapdragon Summit in Hawaii. Tune in to CNBC at 2 p.m. ET to watch.
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OpenAI on Wednesday said it found six instances of “unexpected or concerning model behavior” over the past six months, outside of the recent Hugging Face crisis, as the company continues to call for more safety protections in the development of artificial intelligence models.
In a blog post, OpenAI outlined a new framework the company plans to follow for reporting future model misbehavior. Watch more: https://youtu.be/MgYI6DZbs-I
2 weeks ago | [YT] | 128
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CNBC Television
TODAY: Brookfield CEO Bruce Flatt joins CNBC's Leslie Picker for an exclusive interview on "Halftime Report." Tune in to CNBC at 12:20 p.m. ET to watch.
2 weeks ago | [YT] | 39
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