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Benchmarking AI in central banks – a question of creative destruction

Central banks are taking cautious steps towards adopting AI but have not prioritised research into its effects

Artificial intelligence is reshaping economic forces. While AI tools may hold the promise to enable central bankers to understand these changes, Benchmarking data suggests most central banks are taking a cautious approach to the technology.

Whether through enhanced productivity and job displacement, or the fallout from an AI bubble bursting, the question for central bankers has shifted from whether AI will be consequential to what the economic impact of the technology will be.

The inflationary

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