Fed's Warsh says US central bank needs to weigh financial stability risks
SPY•Federal Reserve Chair Kevin Warsh said the Fed needs to consider financial stability risks and that AI could change the real economy, though its near-term employment impact is uncertain.
1. Warsh on AI and stability
Speaking at the 2026 IMF-World Bank Annual Meetings in Bangkok, Federal Reserve Chair Kevin Warsh said he was optimistic about AI's impact and believed it would change the real economy, but its near-term impact on employment was uncertain. He also said the Fed needed to think about financial stability risks.
