Artificial intelligence in central banking

Central banks were early adopters of AI and machine learning. But as the world ramps up efforts to embrace new technologies, what does this mean for central banks? How can they stay ahead of the curve? Sebastian Doerr and Douglas Araujo discuss the findings of a BIS Bulletin on AI applications in central banking and the challenges that central banks might face in the future in this area.

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Experts from the Bank for International Settlements (BIS) explain their work and discuss current issues for the global economy. As a hub for central banks and other financial regulatory and supervisory authorities, the BIS seeks to build a greater collective understanding of the world economy, foster international cooperation and support policy making.