Trump expects his Fed pick and AI to deliver a replay of the '90s boom. Economists have doubts
- Posted on March 1, 2026
- By Business News Today
- 3 Views
Trump expects his Fed pick and AI to deliver a replay of the '90s boom. Economists have doubts
Trump touts AI as a potential driver of growth on par with the 1990s, urging a rate cut from the Fed with a new chair leading the way. However, economists warn that AI's payoff is unlikely to come quickly and that the world economy looks different now.
