Fed Chair Warsh Makes Statements on Global Economy at Meetings in Bangkok

Fed Chair Warsh made evaluations regarding the global economy at the annual meetings of the International Monetary Fund and the World Bank held in Thailand's capital, Bangkok.

Annual Meetings in Bangkok

An interview was held within the scope of the annual meetings of the International Monetary Fund and the World Bank in Thailand's capital, Bangkok.

The interview was moderated by IMF Managing Director Kristalina Georgieva, and key topics regarding the global economy were addressed.

Global Economy and Investments

Contrary to the expectations of prolonged economic stagnation widely debated in the past, structural growth and a strong surge in investment are seen today.

Fed Chair Warsh stated that, although it does not affect every country to the same extent, there is a tremendous increase in investment in the US.

Monetary Policy and Price Stability

Avoiding guidance on monetary policy, Warsh stated that as the Fed, they have clearly demonstrated that they will ensure price stability.

It was announced that about a month ago, the supportive stance in monetary policy was withdrawn to some extent.

Artificial Intelligence and Supply Shock

The emergence of new technologies was evaluated as arguably the most significant change seen in a lifetime for the US and the global economy.

It was noted that artificial intelligence will create a positive supply shock in the medium term and fundamentally change the way monetary policy is conducted.

Global Inflation Assessment

It was underlined that inflation is not a situation unique to the US, and the determination of counterparts around the world was conveyed.