What Is Fed Chair Kevin Warsh Sensitive To? BlackRock Executive Has an Answer
Fed Chair Kevin Warsh is sensitive to AI, according to Jeffrey Rosenberg, a managing director at BlackRock. Rosenberg said Warsh linked tightening financial conditions to AI after the Fed held rates at 3.75% to 4% on Wednesday. Minutes from the Fed’s June meeting flagged AI-driven demand as an inflation risk.…
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