Fed Chair Warsh (Q&A): Committee spoke on productivity and AI, perhaps it is an important change in the economy, filled with opportunity and risk.
Fed Chair Warsh (Q&A) says none of the 19 at the table felt a need to tighten today
Fed Chair Warsh (Q&A): Does not believe Fed have a cruel choice between full employment and stable prices; have work to do on price stability
Fed Chair Warsh (Q&A): Committee spoke on productivity and AI, perhaps it is an important change in the economy, filled with opportunity and risk.
Fed Chair Warsh (Q&A): Asked about move higher in 2yr yields since FOMC, says he does not comment on market reactions over the last hour
Fed Chair Warsh (Q&A): We have given markets a new chapter for the central bank, this is a lot of change for financial markets to digest; won't be particularly intrigued by how markets react in first minutes or days
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- Over long term, his conviction, and had a lot of support for the US, says US is ultimately going to be better off.
- Timing, speed and implications for output and employment is something the task force will monitor.
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