‘Most consequential change’: Kevin Warsh says AI will reshape US economy, warns of a ‘bumpy’ road ahead

Mint · 16/10/2026, 5:53:54 am

Federal Reserve Chair Kevin Warsh called AI a major force in the global economy, saying it could raise inflation in the short term through investment while boosting productivity over time. He warned that uncertainty about the technology and emerging markets could make the transition bumpy.