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@capitalethiopia Sun, 02 Aug 2026 03:57:53

The AI Threat to Financial Stability

US Federal Reserve Chair Kevin Warsh recently announced a new task force that will "survey the pace, the reach, [and] the economic impact of new general-purpose technologies, including AI, and explore the implications for the Fed" as it pursues its "employment and inflation mandates." Notably absent from Warsh's statement was any mention of the impact

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