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Fed chair Warsh avoids Senate questions on inflation, AI, and contact with Trump

Fed chair Warsh avoids Senate questions on inflation, AI, and contact with Trump

B2🇪🇸 Español🇺🇸 English

July 16th, 2026

Fed chair Warsh avoids Senate questions on inflation, AI, and contact with Trump

B2
Please note: This article has been simplified for language learning purposes. Some context and nuance from the original text may have been modified or removed.

🇺🇸 English

Federal Reserve Chair Kevin Warsh faced Senate questions on Wednesday.

El presidente de la Reserva Federal, Kevin Warsh, respondió a preguntas del Senado el miércoles.

The topics included inflation, AI, and his contact with President Donald Trump.

Los temas incluyeron la inflación, la inteligencia artificial y su contacto con el presidente Donald Trump.

He gave few specific answers.

Dio pocas respuestas concretas.

Warsh said a one-time price change from AI investment is not necessarily inflationary.

Warsh dijo que un cambio de precio único por la inversión en IA no es necesariamente inflacionario.

He noted that a supply response could follow.

Señaló que podría haber una respuesta en la oferta.

However, he acknowledged that AI infrastructure costs have raised prices for tech products like laptops and tablets.

Sin embargo, reconoció que los costos de infraestructura de IA han elevado los precios de productos tecnológicos como portátiles y tabletas.

The Feds last meeting showed that many officials believe strong AI demand will keep upward pressure on technology prices.

La última reunión de la Fed mostró que muchos funcionarios creen que la fuerte demanda de IA mantendrá la presión al alza sobre los precios tecnológicos.

The committee is divided on whether to raise rates later this year.

El comité está dividido sobre si subir las tasas más adelante este año.

Warsh downplayed recent positive inflation data.

Warsh restó importancia a los recientes datos positivos de inflación.

He said such measures are imperfect.

Dijo que esas medidas son imperfectas.

He will rely on a new task force to study data sources and inflation persistence.

Confiará en un nuevo grupo de trabajo para estudiar las fuentes de datos y la persistencia de la inflación.

Warsh repeated his independence from political pressure.

Warsh repitió que es independiente de la presión política.

He did not say whether he has spoken with Trump since his appointment.

No dijo si ha hablado con Trump desde su nombramiento.

He stated that the president chose an independent person for the job.

Afirmó que el presidente eligió a una persona independiente para el puesto.

July 16th, 2026

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