Former JPMorgan Chase chief economist Anthony Chan joins ‘Varney & Co.’ to discuss Federal Reserve monetary policy under Kevin Warsh, whether the Fed’s 2% target is realistic and AI investment impact on the economy.
00:00 Fed Chair caught between a rock and a hard place
00:41 The Treasury dilemma and short-term interest rates
01:28 Cleveland Fed’s poor outlook on inflation
02:00 Is the Fed’s 2% target realistic?
02:50 How AI is keeping the global economy afloat
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