Fed Chair Warsh Says Growth Driven by Consumer Spending and AI
In opening remarks, Kevin Warsh said economic growth was strong and the labor market healthy, while warning that inflation remains too high. He said third-quarter growth appeared to accelerate, driven in part by strong consumer spending.
By Konrad PutzierIn his opening remarks, Fed Chairman Kevin Warsh touted strong economic growth and a healthy labor market, but also warned that inflation is "too high.""The third quarter appears to have brought an even more rapid" rate of economic growth driven in part by strong consumer spending…