Warsh flags AI shock to Fed outlook amid persistent inflation risk

NYT · 3 hours ago
  • Fed Chair Warsh pledged price stability while saying AI is delivering a shock to the economy.
  • Warsh said technological change is complicating the outlook for central banks.
  • Policymakers are grappling with persistent inflation risks, per the report.

Quotes

“technological change was complicating the outlook for central banks”— Warsh

Sources