Warsh believes America's $700B AI buildout will lower prices — but his colleagues warn it will fuel persistent inflation

Federal Reserve chair Kevin Warsh has adopted an optimistic view (1) around the AI spending blitz from large tech firms ...

Fed Chairman Kevin Warsh believes the $700B AI buildout will lower prices — but most of his colleagues warn it could fuel persistent inflation

While most Fed officials see AI spending as an inflation risk, Warsh is betting on productivity gains.