Federal Reserve Chair Kevin Warsh highlights AI’s cost-cutting potential, draws parallels to 1990s boom
Federal Reserve Chair Kevin Warsh believes that artificial intelligence could significantly reduce costs and reshape the economy. He draws parallels to the productivity boom of the 1990s, suggesting that AI may lead to disinflation and allow for potential rate cuts. However, some Fed officials remain skeptical about the speed of these productivity gains and the implications for monetary policy.
- ▪Kevin Warsh argues that AI could trigger a productivity surge that central banks are underestimating.
- ▪He believes AI will act as a disinflationary force, making almost everything cheaper.
- ▪Some Federal Reserve colleagues express skepticism about the rapid realization of productivity gains.
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Federal Reserve Chair Kevin Warsh highlights AI’s cost-cutting potential, draws parallels to 1990s boom The new Fed Chair argues artificial intelligence could trigger a productivity surge that central banks are underestimating, potentially opening the door to rate cuts. Share Add us on Google by Editorial Team May. 26, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Kevin Warsh, the newly installed Chair of the Federal Reserve, is…
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