Fed chair Kevin Warsh said Friday the Fed’s Special Working Group on
Productivity and Employment will hold an in-person hearing on Nov. 16 in the San
Francisco Bay Area to examine AI’s effects on economic activity and the labor
market. Warsh announced the schedule at the IMF Annual Meetings in Bangkok. He
five external-expert working groups formed in June to study key monetary-policy
areas and said he expects them to submit policy recommendations around year-end.
He made no comment on monetary policy or the US economic outlook.