Nova Safo
๐ค SpeakerAppearances Over Time
Podcast Appearances
Warsh says doing so won't trigger more inflation because artificial intelligence and its advancements will boost productivity.
Higher productivity has historically been a deflationary force.
Warsh also wants less intervention in financial markets and a more hands-off approach at the Fed toward bank regulation.
I'm Novosafo for Marketplace.
The economy has been stuck in a low-fire, low-hire mode, and the latest survey from the National Association of Business Economists indicates that's not about to change anytime soon.
That's survey chair Martha Moore.
A third of respondents said their companies will likely freeze hiring to see how artificial intelligence tools can help improve their operations.
The latest government data shows productivity gains did accelerate in the third quarter of last year.
I'm Novosafo for Marketplace.