Marketplace · Wednesday, July 1, 2026
Federal Reserve Chairman Kevin Warsh identified artificial intelligence, persistent inflation, geopolitical issues, and the labor market as significant risks facing economies. Speaking in Sintra, Portugal, Warsh stated that this is a time of "greatest consequence to each of our economies" in their lifetime, though he declined to make a broad comment on systemic risks.
“I'm not prepared to sort of make a broad comment denoting risks that are available in the system, but I will say this, this is the biggest time of consequence to each of our economies, I think in our lifetime.”
“Warsh cited AI, persistent inflation, geopolitical dyspepsia, and the low, higher, low, fire labor market as some of the things he is keeping an eye on.”