{"id":433802,"date":"2026-07-15T21:50:04","date_gmt":"2026-07-15T14:50:04","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/fed-chair-warsh-in-the-senate-testifies-in-front-of-the-senate-banking-committee-433802\/"},"modified":"2026-07-15T21:50:04","modified_gmt":"2026-07-15T14:50:04","slug":"fed-chair-warsh-in-the-senate-testifies-in-front-of-the-senate-banking-committee","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/fed-chair-warsh-in-the-senate-testifies-in-front-of-the-senate-banking-committee-433802\/","title":{"rendered":"Fed Chair Warsh in the Senate testifies in front of the Senate Banking Committee."},"content":{"rendered":"<div>\n<p>The\u00a0Second day of testimony takes Fed chair Warsh in front of the\u00a0 Senate Banking Committee. There will be a lot of overlap from yesterday&#8217;s testimony in front of the House members:\u00a0<\/p>\n<ul>\n<li>Recent inflation data is imperfect gauge of underlying inflation. <\/li>\n<li>In near term AI investment is quite good for jobs.<\/li>\n<li>I do not view a one-time change in prices from AI as necessarily being inflationary.<\/li>\n<li>Whether AI will be inflationary or not is up to the Fed. <\/li>\n<li>I believe that AI will be a job creator, but it will be disruptive with some people losing their jobs<\/li>\n<li>Wages have moved up at a reasonable pace.<\/li>\n<li>Timing of when wages will move up more from productivity gains is a puzzle.<\/li>\n<li>The surge in prices from AI is real.<\/li>\n<li>Business capital investment is contributing massively to GDP.<\/li>\n<li>I would guess that the trend in investment will continue.\ufeff<\/li>\n<\/ul>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The\u00a0Second day of testimony takes Fed chair Warsh in front of the\u00a0 Senate Banking Committee. There will be a lot of overlap from yesterday&#8217;s testimony in front of the House members:\u00a0 Recent&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-433802","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=433802"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433802\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=433802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=433802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=433802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}