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Central banks’ AI policies must ‘catch up’ with times – Adrian

IMF markets head says institutions should act now as future instability may be ‘harder to manage’

Tobias Adrian
Tobias Adrian
Lucy Stewart/Infopro Digital

The International Monetary Fund’s monetary and capital markets chief has warned that central banks’ artificial intelligence policies are behind the curve, as issues of operational resilience and financial stability become increasingly intertwined with issues of AI governance.

In a blog post published on July 23, Tobias Adrian says that even “sophisticated institutions can struggle to explain why an AI‑based strategy behaved as it did under stress, making it harder for central banks and financial

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