1 hour ago

Kevin Warsh Says AI Could Open Door for Future Fed Rate Cuts

TLDR: Kevin Warsh said AI productivity gains could reduce inflation pressure across the broader economy. Markets linked Warsh’s AI comments to possible future Federal Reserve interest rate cuts. Crypto traders tracked the remarks as Bitcoin remains sensitive to changing liquidity conditions. Fed officials still depend on inflation and labor data before changing monetary policy direction. [...]

The post Kevin Warsh Says AI Could Open Door for Future Fed Rate Cuts appeared first on Blockonomi.

Source: Blockonomi →