[Federal Reserve's Kashkari: Supports AI practicality, calls cryptocurrency 'basically useless'] According to a report by Golden Finance, Federal Reserve Bank of Minneapolis President Neel Kashkari stated during a recent live event that the U.S. economy will maintain solid growth, and inflation will continue to decline, though the specific figures by year-end remain uncertain. He particularly highlighted the practical value of artificial intelligence technology, noting that most businesses are still in the testing phase. As for cryptocurrency, he unequivocally described it as 'basically useless' for ordinary consumers. Kashkari also emphasized that the current Federal Reserve policy is not quantitative easing, identified insufficient housing supply as the biggest obstacle in the real estate market, and reiterated the importance of the Federal Reserve's independent decision-making.