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Business & Economy · Euronews · Business

Fed’s Warsh sees AI boosting productivity but gives no signal on next rate hike

2026-10-16T09:27:55.000Z

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From Euronews · Business

US Federal Reserve Chairman Kevin Warsh said in Bangkok on Friday that the global economy has proved surprisingly resilient and called AI the most consequential change of his lifetime, but gave no hint on interest rates ahead of the Fed’s meeting this month.

Federal Reserve Discount Rate during the Great Depression era
Photo: Wikideas1 / Wikimedia Commons, CC0

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News desk
Business & Economy
Published
2026-10-16T09:27:55.000Z
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Related source headlines

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  1. CNBC · Economy Analysis: Everyone expects the Fed to hold rates in October. Kevin Warsh could surprise us all

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Places: United States

Institutions: Federal Reserve

Topics: Federal Reserve, Artificial intelligence, Federalism

Sources and further reading

  1. Euronews · Business — Fed’s Warsh sees AI boosting productivity but gives no signal on next rate hike
  2. CNBC · Economy — Analysis: Everyone expects the Fed to hold rates in October. Kevin Warsh could surprise us all