Macro· ★★· neutral·

Fed's Warsh says AI economy task force to hold hearing on Nov. 16

  • —Fed task force hearing set for Nov. 16 in the San Francisco Bay Area
  • —Focus is AI's effect on economic activity and the labor market
  • —The group is one of five expert task forces formed by the Fed in June
  • —Policy recommendations to the Fed are expected around year-end
Why it matters: The Fed's assessment of AI's economic impact could shape future monetary policy and risk appetite, including for crypto assets.
Source: PANews