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Biz Report: Fed chair Warsh’s sweeping review; Apple plans price hikes; Amazon’s founder Bezos on AI and labour shortage
Published 2 weeks, 2 days ago
Description
In this episode of The Business Report, finance presenter Chua Tian Tian spoke with David Chow, Director, Azure Capital, where they discussed how Federal Reserve Chairman Kevin Warsh opened a new era of U.S. monetary policy overnight by launching an ambitious review that could reshape how the central bank makes decisions and communicates with the public.
The duo also looked at how Apple plans to raise prices on its products to offset increasing memory and storage chip costs, as well as Amazon founder Jeff Bezos’ prediction that artificial intelligence will lead to labour shortages and not the replacement of humans. Also in focus – news surrounding SGX-listed Centurion.
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