{"id":991248,"date":"2026-02-11T07:59:05","date_gmt":"2026-02-11T02:29:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=991248"},"modified":"2026-02-11T08:03:45","modified_gmt":"2026-02-11T02:33:45","slug":"bessent-says-fed-under-warsh-will-keep-eye-on-ais-impact-on-employment","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/11\/bessent-says-fed-under-warsh-will-keep-eye-on-ais-impact-on-employment\/","title":{"rendered":"Bessent says Fed under Warsh will keep eye on AI&#8217;s impact on employment"},"content":{"rendered":"<p>The Federal Reserve \u200dunder the leadership of Kevin Warsh, \u2060President Donald Trump&#8217;s nominee for Fed chair, will be watching to \u200censure there&#8217;s \u200cno &#8220;timing mismatch&#8221; on employment and productivity \u200cgiven rapid advances in artificial intelligence, US Treasury Secretary Scott Bessent said on Tuesday. <\/p>\n<p>Bessent, speaking on \u200bvideo, told an \u200bevent hosted by Brazilian investment \u200cbank \u200dBTG Pactual that \u200dthe U.S. would average 4.1% economic growth \u200cin the last three quarters of 2025, and predicted nominal GDP growth could reach 6% this year, without inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve \u200dunder the leadership of Kevin Warsh, \u2060President Donald Trump&#8217;s nominee for Fed chair, will be watching to \u200censure there&#8217;s \u200cno &#8220;timing mismatch&#8221; on employment and productivity \u200cgiven rapid advances in artificial intelligence, US Treasury Secretary Scott Bessent said on Tuesday. Bessent, speaking on \u200bvideo, told an \u200bevent hosted by Brazilian investment \u200cbank \u200dBTG Pactual that \u200dthe U.S. would average 4.1% economic growth \u200cin the last three quarters of 2025, and predicted nominal GDP growth could reach 6% this year, without inflation.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-991248","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/991248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=991248"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/991248\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=991248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=991248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=991248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}