Analysts said the Fed inserted new language in its rate-decision statement noting productivity growth and capital investment remain strong. The wording mirrors Fed chair Kevin Warsh’s emphasis on an AI investment boom; Warsh and some in the Trump camp argue AI-related investment could, over time, reduce inflationary pressures.

2026-06-18

Analysts said the Fed inserted new language in its rate-decision statement noting productivity growth and capital investment remain strong. The wording mirrors Fed chair Kevin Warsh’s emphasis on an AI investment boom; Warsh and some in the Trump camp argue AI-related investment could, over time, reduce inflationary pressures.