Odaily Planet Daily News: Federal Reserve Governor Cook said in a speech prepared for delivery at Ohio State University on Wednesday that he supported the Fed's move to cut interest rates by 50 basis points last week, citing a slowing labor market and easing inflation. Cook mentioned: "This decision reflects our growing confidence that as long as we adjust our policy stance appropriately, we can maintain a sound labor market against the backdrop of moderate economic growth and continued sustainable decline in inflation to our target." Cook's speech focused mainly on artificial intelligence and what it means to American workers. She said the technology has the potential to provide a "huge and sustained" boost to labor productivity growth. While artificial intelligence may eliminate jobs, it may also create new jobs. (Jinshi)