Artificial intelligence
Forecasters look to complexity for better results
Central banks are developing models with production networks, non-linearities and heterogeneity
Thailand holds with an eye on GDP
BoT says impact of Iran war less severe than expected but growth still ‘low and uneven’
BoJ’s June summary signals more tightening to come
Japanese board saw inflation quickening and said rates should be raised if this occurred
Number of US jobs at risk of AI substitution is falling – ECB study
New technology yet to have an impact on wage growth, research finds
Switzerland and Norway hold, Czech Republic and Moldova hike
SNB says inflation uptick is temporary, while CNB and Norges Bank highlight wage pressures
Central banks must not outsource critical thinking to AI – panel
As uses for the tools proliferate, central bankers weigh up how to use them safely and ethically
Myths and realities of AI hacking
New artificial intelligence models raise serious concerns about the future security of the international monetary system
Central banks must adapt to new technologies – panel
Speakers also discussed disaster planning and cloud sovereignty
Central banks face hydra-headed cyber threats – panel
Geopolitics and concentration risk mean attacks could threaten financial stability as well as operations
BoJ tightens to 1% and plans end to JGB purchase reductions
Governor absent as bank sets policy at 31-year high amid inflation risks driven by Iran war
Tokenisation poses monetary operations challenges – panel
Officials tell Central Banking London Meetings that 24/7 markets can bring new dilemmas
Working group minutes: from AI adoption to integration
Central banks are trialling diverse use cases, but many have yet to fully embed the tech in their work
Humans still in charge of AI use at central banks – panel
Speakers at London Meetings share their experiences of adopting new technology
Time saved by AI does not increase output – BoK study
Paper says technology has reached efficiency stage but not productivity stage
Agility is small markets’ strength, says Latvian deputy governor
Nimble central banks should be ‘laboratories’ for innovation, Purgaile tells Central Banking London Meetings
Novel AI could help with banknote quality control – paper
Tool could help prevent defective currency from entering circulation, Bank of Italy researchers find
Mongolian governor wants more finance sector foreign ownership
Sanjaa also discussed planned mandate change, response to climate change and emerging risks
Euro ‘more appealing’ for both invoicing and reserves, ECB finds
Bank’s annual report on currency’s use draws on findings from Central Banking’s benchmarking
Remote working drove US youth unemployment – NY Fed study
Economists say uptick in joblessness among US graduates predates spread of AI
How to deal with geopolitical risks, central banking-style
Managing the fastest-rising risk category requires a combination of old and new thinking
Fed’s Cook touts use of AI in financial stability analysis
Technology can analyse complex patterns at scale and produce efficiency gains, governor says
Behind the scenes of the Bundesbank’s capacity-building programme
A multi-year effort has helped shore up expertise at West Balkan central banks. Will African and former-CIS institutions be equally responsive to Eurosystem technical assistance?
Podcast: AI accountability in central banks
Transparency and explainability thresholds rise with risk and impact
Edna Villa on the BSP’s shift to a risk-return SAA
The Philippines’ reserves head speaks about the transition to an upgraded strategic asset allocation framework, a broadening of eligible assets, the internalisation of some investments, the upgrade of tech platforms and the role of gold as a strategic…