Fed’s Warsh Says US Economy Is Not Overheating
Fed Chair Kevin Warsh said AI investment is creating some demand pressures but the US economy is not overheating. He said the Fed’s goal is not to cool the economy.
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Fed Chair Kevin Warsh Says US Economy Is Not Overheating
Warsh said the AI investment boom is creating some demand pressure, but the US economy is not overheating. He added that the Fed’s goal is not to “pour cold water” on the economy.
Warsh says US economy is not overheating
Fed Chair Kevin Warsh said demand pressures from the surge in AI investment have not left the US economy overheated.
Fed again hoping for a pain — free landing from current inflation spike
Fed projects a slow return to inflation target, but no rise in unemployment Warsh says labor market damage is not needed to restore price stability Policymakers see expectations leading to tempered price hikes Others argue demand, somewhere in the economy, will have to take a hit By Howard Schneider and Ann Saphir WASH
Goolsbee: Inflation components matter as much as overall pace
Chicago Fed President Austan Goolsbee said inflation components matter as much as the overall inflation pace for assessing policy, according to Barron's.