Fed's Warsh Says AI Will Change Monetary Policy Conduct

Fed Chairman Kevin Warsh called AI potentially the most consequential change to the US and global economy in his lifetime and a positive supply shock over the medium term. He spoke at an IMF event in Bangkok moderated by IMF Chief Kristalina Georgieva.

• Warsh called AI the most consequential economic change in his lifetime
• He described AI as a positive medium-term supply shock
• The remarks came at an IMF event in Bangkok