[Federal Reserve's Williams: Unclear How Productivity Boom Will Impact Interest Rates] Jin10 News, May 28 – Federal Reserve's Williams stated that it is currently unclear how the rise in productivity will ultimately impact interest rates and the Fed's policymaking. Williams said: 'As for the question of "how changes in trend productivity growth will affect the economy and monetary policy," my answer is unsurprising—that is, "it depends."' He added: 'Specifically, it depends on the nature of this change itself and its expected duration.' Williams made these remarks as Federal Reserve officials are attempting to assess how the recent surge in productivity, along with expectations of further productivity gains driven by advancements in artificial intelligence technology, will affect inflation and the labor market. Several Federal Reserve officials have expressed uncertainty about how these dynamics will ultimately unfold.