Federal Reserve Chair Kevin Warsh gave no forward guidance at a press conference but said he has heard FOMC members say the Fed still has "some work to do" to achieve price stability. On artificial intelligence, Warsh said the technology could be the most significant economic change of his adult life, bringing both opportunities and risks. He added that if the Fed "does its job" it can sustain strong growth, price stability and robust employment.

2026-06-18

Federal Reserve Chair Kevin Warsh gave no forward guidance at a press conference but said he has heard FOMC members say the Fed still has "some work to do" to achieve price stability. On artificial intelligence, Warsh said the technology could be the most significant economic change of his adult life, bringing both opportunities and risks. He added that if the Fed "does its job" it can sustain strong growth, price stability and robust employment.