2026-10-21 · 1 statements · 1 actors
BIS speech on artificial intelligence, monetary policy and financial stability, 21 Oct 2026
A speaker at the Bank for International Settlements addressed the implications of artificial intelligence for monetary policy, financial stability, cyber risk and international cooperation.
Not compared yet. Events are compared once at least two actors have spoken.
The statements
Bank for International Settlements
-
Artificial intelligence, monetary policy and financial stability
2026-10-21 · central bank · one of several topics in this statement
The speaker says AI may lead firms to adjust prices more frequently, so aggregate shocks could pass to consumer prices faster, potentially changing inflation dynamics. Central banks can use new data and analysis, but AI does not determine what patterns mean for inflation or policy.
-
Artificial intelligence, monetary policy and financial stability
2026-10-21 · central bank · one of several topics in this statement
The speaker says common AI models and data may lead financial institutions to act similarly at the same time, possibly amplifying price moves and stress. Authorities should look across the system and monitor AI-related investment, financing and dependencies on similar models and providers. A recent BIS analysis points to growing debt and circular financing within the AI ecosystem.
-
Artificial intelligence, monetary policy and financial stability
2026-10-21 · central bank · one of several topics in this statement
The speaker says AI can both strengthen cyber defences and make attacks faster, more powerful and more complex, with possible wide impact through shared providers. Institutions need robust cyber risk management and authorities should understand reliance on critical third-party providers.
-
Artificial intelligence, monetary policy and financial stability
2026-10-21 · central bank · one of several topics in this statement
The speaker argues that AI effects cross borders, that authorities are at different stages of AI use and oversight, and that the BIS can help through forums, networks, Innovation Hub Centres and capacity-building, citing Project Spectrum as an example.