What smart people are saying after Fed chair Kevin Warsh's debut

New Fed chair Kevin Warsh signaled a sweeping overhaul of the central bank during his debut. His proposed changes encompass forecasts, forward guidance, operations, and the integration of AI. While his initial appearance featured hawkish overtones, it also contained dovish undertones. This comprehensive approach indicates a significant shift in how the Fed manages its strategic communications and internal processes, marking a transformative start to his leadership role within the American central banking system.