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Claim · 2026-10-20 · event · Stated in source · Supported

In remarks prepared for delivery on 20 October 2026, Tao Zhang, BIS Chief Representative for Asia and the Pacific, said that financial institutions using similar models, data or decision rules may take similar actions at the same time, and that such correlated responses could amplify price movements.

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Artificial intelligence, monetary policy and financial stability → articulates → AI raises financial-stability risks through correlated behaviour

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