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Can an A.I. Productivity Boom Clear a Path for More Rate Cuts? Trump’s Fed Pick Thinks So.

As Federal Reserve chair, Kevin M. Warsh may face a tough task persuading his colleagues to lower borrowing costs because of potential productivity gains.

© Brendan Mcdermid/Reuters

Kevin M. Warsh has characterized the A.I. boom as “the most productivity-enhancing wave of our lifetimes — past, present and future.”
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Can an A.I. Productivity Boom Clear a Path for More Rate Cuts? Trump’s Fed Pick Thinks So.

As Federal Reserve chair, Kevin M. Warsh may face a tough task persuading his colleagues to lower borrowing costs because of potential productivity gains.

© Brendan Mcdermid/Reuters

Kevin M. Warsh has characterized the A.I. boom as “the most productivity-enhancing wave of our lifetimes — past, present and future.”
  •  
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