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FOMC Alerts

Warsh on AI Inflation: Official Words, a Narrower Split

Posted on November 13, 2026 by Ernie Varitimos
Chair Kevin Warsh, in official Oct. 28 remarks: higher growth does not, by itself, tell him it is causing inflation. Colored-pencil FatTail illustration.

Chair Warsh’s official record on AI and inflation is narrower than a WaPo ‘outlier’ lede. He has not denied AI price pressure. Goolsbee, who does not vote in December, described an AI demand heat.

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Posted in FOMC Alerts  |  Tagged AI, December FOMC, FOMC, Inflation, RateWatch, Warsh 1 Comment
FOMC Alerts

Barr Warns of AI Disruptions as Labor Share Hits 52.8%

Posted on November 12, 2026November 12, 2026 by Ernie Varitimos
Labor share of income: 52.8% in Q2 2026, a record low; Barr warned of short-term AI labor disruptions, no December rate call

Governor Michael S. Barr, in official Yale remarks, put the labor share of income at a record-low 52.8% in Q2 2026 and warned of serious short-term labor-market disruptions from AI. The speech has no December rate call.

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Posted in FOMC Alerts  |  Tagged AI, Barr, December FOMC, FOMC, labor share, RateWatch Leave a comment
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