Central banks need to anticipate AI’s effects across the economy and harness AI in their own operations, according to a BIS report.

Central banks need to anticipate AI’s effects across the economy and harness AI in their own operations, according to a BIS report.

Report

Central banks need to anticipate AI’s effects across the economy and harness AI in their own operations, according to a BIS report.

The BIS released its Annual Economic Report 2024 during its Annual General Meeting at the end of last month. This comprehensive report covers various aspects of the global economy, including strategies to strengthen the macro-financial foundation for the future, monetary policy insights from the 21st Century and implications of AI.

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