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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

B1🇪🇸 Español🇺🇸 English

July 16th, 2026

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

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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 questions from the Senate on Wednesday.

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

The questions were about inflation, AI, and his contact with President Donald Trump.

Las preguntas fueron sobre inflación, inteligencia artificial y su contacto con el presidente Donald Trump.

He gave only a few specific answers.

Solo dio unas pocas respuestas específicas.

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 seguir una respuesta de la oferta.

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

Sin embargo, aceptó que los costos de infraestructura de IA han subido los precios de productos tecnológicos como laptops 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 en los precios de la tecnología.

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 datos recientes de inflación positiva.

He said such measures are not perfect.

Dijo que esas medidas no son perfectas.

He will use a new task force to study data sources and why inflation stays high.

Usará un nuevo grupo de trabajo para estudiar las fuentes de datos y por qué la inflación sigue alta.

Warsh repeated that he is independent 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.

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

July 16th, 2026

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