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Warsh promises inflation will be a 'thing of the past,' cites benefits of AI investment boom

From cnbc.com

Federal Reserve Chairman Kevin Warsh pledged Tuesday to “get monetary policy right” and defeat the inflation that has bedeviled the central bank for the past five years. In remarks for delivery to separate congressional panels this week, Warsh reiterated his recent tough talk on inflation, while also touting the strength of the U.S. economy and benefits coming from business investment, particularly involving artificial intelligence. “Today we are at a hinge point in history. It’s up to all of us to meet this moment,” said Warsh, who speaks Tuesday to the House Financial Services Committee then the Senate Banking ... (full story)

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