US Fed / US Data

Fed Chair Kevin Warsh said AI could deliver a positive supply shock and boost medium‑term productivity, but transition will be bumpy. He warned that AI‑driven changes could create employment uncertain

Fed Chair Kevin Warsh gave no forward guidance ahead of the Oct 27‑28 meeting, saying he won’t predict future policy moves. Anthropic investors are reconsidering a $1.5 trillion IPO valuation after Q3