AI Hype Clashes with Fed Policy: Economists Doubt Rate Cuts, Bitcoin Faces Volatility
AI Won’t Slash Interest Rates: Economists Rebuke Fed Nominee, Implications for Bitcoin and Crypto Kevin Warsh, Donald Trump’s nominee for Federal Reserve chair, is betting big on artificial intelligence (AI) to justify slashing interest rates without sparking inflation. Yet, a striking 60% of top economists surveyed by the University of Chicago’s Clark Center and the […]
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