Federal Reserve Chair Kevin Warsh said the central bank is monitoring artificial intelligence’s effects on demand, supply and employment, while decisions about AI’s broader risks, rewards and regulation should be made by other parts of government. His comments followed the Federal Open Market Committee’s unanimous quarter-point rate increase, the first borrowing-cost increase in three years. President Trump criticized other Fed officials over the decision but spared Warsh, whom he had urged to act independently. A Fed task force is expected to report on AI’s economic impact by year-end, as policymakers weigh persistent inflation, labor-market risks and broader concerns about AI safety and regulation.