Federal Reserve Governor Milan: Unclear When Warsh Will Assume Fed Chairmanship

Odaily News Federal Reserve Governor Milan stated that he has not spoken with U.S. President Trump since resigning as Chairman of the White House Council of Economic Advisers. It remains unclear when Warsh will assume the role of Federal Reserve Chairman, but he hopes the situation will become clear soon. The Federal Reserve should adopt a more accommodative monetary policy to adapt to the employment transformation brought about by artificial intelligence. (Jin10)