economy
The Fed confronts a powerful new economic force
Federal Reserve Chair Kevin Warsh promised to bust inflation in his first major speech since his nomination by President Donald Trump, but he also lavished attention on a new focus for the Fed: artificial intelligence.
TL;DR
- Federal Reserve Chair Kevin Warsh pledged to tackle inflation.
- Warsh's first major speech since his nomination by President Donald Trump also focused on artificial intelligence.
- AI has become a new area of concentration for the Federal Reserve.