Treasury chief Bessent and Fed chair nominee Warsh say AI is reason to cut rates. Former NY Fed chief Dudley disagrees for 5 reasons.
Money
Is the Fed succeeding at it's dual mandate of low prices and low unemployment? Besset says the Fed should be examined to make sure.
Are America's 129.9 million outstanding retail credit cards with rates of 33% a ticking time bomb? Or is it business as usual?
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