Cecilia Skingsley on monetary policy tech and a unified ledger

Head of the BIS Innovation Hub speaks about tokenisation, CBDCs and the ‘black box problem’ in AI

Project Neo is the new monetary policy tech project by the BIS Innovation Hub Swiss Centre and the Swiss National Bank (SNB). In what ways could monetary policy tech be used for monetary policy decisions and give insights about monetary policy transmission?

Monetary policy tech was added as a focus area because we got a lot of requests from our community to explore AI tools, mainly for forecasting. It can possibly also be useful at looking at the transmission mechanism. But we haven’t explored

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