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AI optimism and 'a quieter Fed': 3 takeaways from Kevin Warsh's first Jackson Hole speech as chair
- New Fed chair Kevin Warsh wants a "quieter Fed" — moving away from forward guidance and public rate forecasts to avoid market whiplash.
- He'll lean more on real-time data and new task forces (communications, jobs/productivity, data) instead of monthly government reports to guide policy.
- Warsh is bullish on AI as a potential productivity boost, will track private‑sector money flows closely, and stays committed to a 2% inflation goal.
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