This is why Warsh 'WILL HIKE,' expert says

• Core inflation remains too high, prompting calls for the Fed to raise interest rates, potentially by 50 basis points, to stabilize long-term rates.
• AI is contributing to job creation in various sectors and boosting non-financial corporate productivity, offering a counter-inflationary force.
• Concerns about AI leading to widespread job losses or a 'robot takeover' are viewed as exaggerated or politically motivated.

Experts discuss the Federal Reserve's upcoming rate decision, with calls for a decisive hike to combat persistent core inflation. They also delve into the economic impact of AI, noting its potential for job creation and productivity gains, while dismissing fears of job displacement and 'robot takeover' as overblown.