AI disinflation may strengthen the rate-cut case

Kevin Warsh is framing AI as a major disinflationary force.
The argument is that AI can make many goods and services cheaper over time.
If that proves true, it gives policymakers more room to cut rates without reigniting inflation.
Lower inflation pressure plus cheaper money would be a powerful combination for risk assets.
For $FEDFUNDS, the market is watching whether AI productivity becomes part of the dovish policy case.