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Fed's Warsh Says AI Will Change Monetary Policy Conduct

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Fed Chairman Kevin Warsh described AI as potentially the most consequential change to the US and global economy in his lifetime, calling it a positive supply shock over the medium term. He spoke at an IMF event moderated by IMF Chief Kristalina Georgieva in Bangkok, Thailand.

Fed Chairman Kevin Warsh described AI as potentially the most consequential change to the US and global economy in his lifetime, calling it a positive supply shock over the medium term. He spoke at an IMF event moderated by IMF Chief Kristalina Georgieva in Bangkok, Thailand. (Source: Bloomberg)
Fed (ORG) Kevin Warsh (PERSON) US (LOCATION) IMF (ORG) Kristalina Georgieva (PERSON) Bangkok (LOCATION) Thailand (LOCATION) Bloomberg (PERSON)
Originally published by Bloomberg Technology Read original →