Last year, new Federal Reserve Chairman Kevin Warsh believed that artificial intelligence would pave the way for interest rate cuts. Now it is doing exactly the opposite.

Last year, new Federal Reserve Chairman Kevin Warsh believed that artificial intelligence would pave the way for interest rate cuts. Now it is doing exactly the opposite.

in a Wall Street Journal In an op-ed last November about the Federal Reserve, Kevin Warsh said that artificial intelligence (AI) would be a “significant disinflationary force.” Many experts interpreted this to mean that Warsh was suggesting that the benefits of AI could pave the way for the Federal Reserve to lower interest rates further….

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Can Kevin Warsh toughen policy without upsetting Trump?

Can Kevin Warsh toughen policy without upsetting Trump?

Quick reading Federal Reserve Chairman Kevin Warsh faces pressure to tighten monetary policy amid rising inflation (core PCE in the 91st percentile of trailing-12-month range) while maintaining political independence from President Trump, likely using quantitative balance sheet tightening rather than interest rate increases to avoid headlines. There is a significant disconnect between complacent options markets…

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Senator Elizabeth Warren Sends Letter to Incoming Federal Reserve Chair Kevin Warsh to Pressure Him on Asset Divestment

Senator Elizabeth Warren Sends Letter to Incoming Federal Reserve Chair Kevin Warsh to Pressure Him on Asset Divestment

Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee, sent a letter to incoming Federal Reserve Chairman Kevin Warsh about her assets on Friday morning. “I am writing to request an update on the status of your divestitures, including information on who you sold your assets to and under what terms,” ​​Warren wrote….

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