TechBloomberg Tech1h ago

Emerging-Market Stocks Gain as Fed’s Warsh Backs AI Optimism

TL;DREmerging-market stocks rose after a Fed official endorsed AI's economic benefits.

Why it matters: Fed confidence in AI could drive capital flows toward emerging markets and shape rate expectations.

Emerging-market equities advanced after the Federal Reserve expressed optimism over the impact of artificial intelligence on the economy.

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Source: Bloomberg Tech · Opens in new tab