Last Year, New Fed Chair Kevin Warsh Believed Artificial Intelligence Would Pave the Way for Interest Rate Cuts. Now, It's Doing the Exact Opposite.

Kevin Warsh begins his tenure as chair of the Federal Reserve's Board of Governors amid questions about the broader economy and possible agency reforms. The article is largely procedural and does not cite any policy decision, rate change, or market-moving data. Impact is limited absent clearer guidance on monetary policy or Fed governance changes.