I think the potential of Agenic is to rethink how work gets done overall.

It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand.

That's Jason Gersatus, CEO of Deloitte U.S., talking about the transformational potential of A.Gentic AI.

Join him later to learn why agents are a game changer for businesses across industries.

Chair Jerome Powell says the Fed can look past the oil shock, but maybe not forever. Plus, private

credits in turmoil, and the Trump administration is trying to make it easier to add it to 401ks. And Sam

Altman hyped Sora as opening eyes next big thing. He really felt like this could have been a

chat GPT moment for the creative space. So why did it all fall apart? It's Monday, March 30th.

I'm Alex O'Sullough for the Wall Street Journal. This is the PM edition of

What's News, the top headlines, and business stories that move the world today.

Don't expect the current market chaos to prompt a knee-jerk reaction from the Fed. Today, Federal

Reserve Chair Jerome Powell said the central bank will likely stay the

course and keep rate steady, despite the energy shock caused by the war in Iran.

Speaking to students at Harvard University, Powell said monetary policy typically works too

slowly to counteract sudden economic shocks in real time.

Monetary policy works with long and variable lags famously. And so by the time

the effects of tightening and monetary policy take effect, you know, the oil price shock is

probably long gone. But he cautioned that if Americans expect significant inflation over the long

term, the central bank may be forced to act.

You've heard us talk about how private credit is under pressure. Firm's invested in software

companies, and now investors are worried about how those companies will do in an AI era.

Industry executives have dismissed market turbulence as an overreaction to a few

...