The Main Points
- Walmart (NasdaqGS:WMT) is taking a higher profile in US economic policy as former CEO Doug McMillon joins a new Federal Reserve task force focused on real time retail data and AI. The Fed group is expected to explore how large scale transaction data from retailers could inform future monetary policy signals and economic monitoring. At the same time, US presidential candidates are increasing public pressure on major retailers, including Walmart, over pricing practices and the perceived impact...