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) says ambition is not to overhaul system of national accounts
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): Met with Bessent three times so far, weekly meetings with Bessent are very useful
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.
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- "Is AI adding more to demand or supply?" Fed counts demand over supply, but it does not mean we favour one over the other. Demand side on AI is being counted, he is less certain about supply side.
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