Kevin Warsh Gives No Hint on October Fed Decision, Says AI Path Will Be “Very Bumpy”

Photo: Coinpedia
Kevin Warsh refused to signal whether the Fed will raise interest rates at its October 27–28 meeting. Warsh called AI one of the most consequential changes to the US and global economy. He warned AI adoption could be “very bumpy,” with its near-term impact on jobs remaining uncertain. Speaking at the IMF-World Bank annual meetings in Bangkok on 16 October, Federal Reserve Chair Kevin Warsh refused to signal whether the Fed will raise interest rates again at its October 27–28 meeting, keeping markets uncertain after September’s rate hike.
Source: Coinpedia







