Federal Reserve Chair Kevin Warsh held rates steady at the June 17 FOMC meeting and dropped forward guidance, forcing markets to price risk independently. The 2-year Treasury yield rose sharply, and t…
Federal Reserve Chair Kevin Warsh held interest rates steady at 3.50%-3.75% during his first FOMC meeting on June 17, 2026, removing forward guidance and declining to submit his own dot-plot projectio…
Federal Reserve Chair Kevin Warsh acknowledged that companies are easily raising capital on financial markets amid a record stock and debt binge, even as he maintained that monetary policy is "somewha…
Big Tech companies including Nvidia, Meta, Oracle, Alphabet, and Amazon are issuing record levels of debt to fund AI infrastructure buildouts, with Morgan Stanley projecting AI-linked global debt issu…
Federal Reserve Chairman Kevin Warsh, sworn in May 22, 2026, faces a pivotal challenge as AI investment surges, arguing it will be a disinflationary force akin to the 1990s internet boom. However, som…
The Federal Reserve's SR 11-7 model risk guidance, designed for traditional quantitative models, is inadequate for governing AI systems like LLMs, RAG pipelines, and agentic AI deployed in banking. SR…
The Financial Stability Board published a consultation report on June 10, 2026, recommending that banks use AI to monitor other AI systems because human oversight of agentic AI cannot scale. The repor…
FinCEN's proposed AML rule implicitly rewards AI adoption, but banks rushing to deploy AI for compliance credit lack model governance frameworks, creating examination exposure as OCC examiners already…
Kevin Warsh, the new Federal Reserve chair, held his first press conference, drawing comparisons to Alan Greenspan and an AI evangelist by avoiding macroeconomic forecasts. The stock market has risen …
US President Donald Trump claims prices are dropping and oil is flowing after a US-Iran peace deal, but data shows petrol prices remain above prewar levels and experts predict they won't normalize unt…
Federal Reserve Chairman Kevin Warsh held his first meeting, keeping benchmark rates steady but signaling less predictable interest rate policy. With four dissenting FOMC votes—the most since 1992—and…
Federal Reserve Chair Kevin Warsh held interest rates steady in his first meeting, striking a hawkish tone on inflation and signaling a broader shakeup at the central bank. Business leaders and econom…
Federal Reserve Chair Kevin Warsh signaled a hawkish stance at his first press conference, emphasizing a strong commitment to the 2% inflation target and dismissing dovish expectations. Markets reacte…
Stocks fell after the Federal Reserve's first policy meeting under new Chair Kevin Warsh, as a hawkish dot plot signaled a potential rate hike this year. The S&P 500, Nasdaq 100, and all Magnificent 7…
The Federal Reserve held interest rates steady at its June meeting, while the dot plot projections signaled a hawkish outlook with higher rates expected through 2027. The decision aligns with market e…
The Federal Reserve is expected to hold interest rates steady at 3.50%-3.75% amid a US AI boom, while the European Central Bank hiked rates to 2.25% despite weak Eurozone growth, creating a policy div…
Korean stocks rebounded late Wednesday morning, with the KOSPI rising 0.13 percent to 8,737.91, as retail investors bought market heavyweights despite a tech-led slide on Wall Street. Investors remain…
Seoul stocks opened lower Wednesday, with the KOSPI down 0.87 percent, following tech declines on Wall Street driven by Nvidia's bond sale plan and caution ahead of the Federal Reserve's policy update…
Meta launched AI Mode on Facebook on June 15, a search feature that generates AI responses from public posts across Meta's platforms, including Instagram and Threads. The feature, powered by Meta's Mu…
Citadel Securities warned that the Federal Reserve should consider interest-rate hikes rather than cuts, citing reaccelerating inflation and a $650 billion AI investment wave that could force tighter …