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In a speech of 10 September 2026, Pablo Hernández de Cos, General Manager of the BIS, said that AI is making the economy harder to read, increasing uncertainty around the transmission of monetary policy, and can widen errors in estimating potential output and the natural rate of interest. Copy claim link
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Date 2026-09-10 · event Records dated 2026 → Role Articulation Register (kind of text) Nonfiction Scope and limits The speaker’s statement; no disclaimer was found on the page, and the speech is not stated to be a BIS position. He said that AI does not change central banks’ mandate.
The evidence 02 primary source Supports the claim
Artificial intelligence, growth and financial stability: challenges for central banks ↗ Bank for International Settlements · 2026-09-10
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Source excerpt “AI is reshaping demand, supply and financial markets simultaneously, making the economy harder to read and increasing uncertainty around the transmission of monetary policy.” Location in source Paragraph beginning ‘As far as the objectives of monetary policy are concerned’
How it was read Retrieved directly from the publisher
Machine-checked · 2026-11-06
Source details and check notes Authors Pablo Hernández de Cos Version Retrieved for the candidate pack on 2026-11-02 (SHA-256 e7b909597a688e1b4b784cf65b1e6a84e1319ba2bdbcf6e0f48a213c47d4fe40). Retrieved again at admission on 2026-11-06 (same file). BIS HTML page of the speech as served on 2026-11-02 Canonical address Open the canonical source ↗ Accessed 2026-11-06 Language English (en) Attribution Pablo Hernández de Cos, “Artificial intelligence, growth and financial stability: challenges for central banks”, 2026-09-10. Reuse No open redistribution licence asserted. Bibliographic metadata, editorial paraphrases and short attributed quotations (at most 50 words each). Recheck terms before wider redistribution. Check notes Candidate pack passage, AI and money (research/ai-money). The quotation (24 words) matched a fresh retrieval of 2026-11-06 (the same file the candidate pack read). Matching ignored differences of whitespace, case, quotation marks, dashes, line-break hyphens and Unicode compatibility forms. No human editorial review. primary source Supports the claim
Artificial intelligence, growth and financial stability: challenges for central banks ↗ Bank for International Settlements · 2026-09-10
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Cite the original source Cite the original document, not Selekoa. Check these details against it.
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Source excerpt “Structural change driven by AI can widen measurement errors, and discrepancies between actual and estimated output gaps may grow.” Location in source Same paragraph, last sentence
How it was read Retrieved directly from the publisher
Machine-checked · 2026-11-06
Source details and check notes Authors Pablo Hernández de Cos Version Retrieved for the candidate pack on 2026-11-02 (SHA-256 e7b909597a688e1b4b784cf65b1e6a84e1319ba2bdbcf6e0f48a213c47d4fe40). Retrieved again at admission on 2026-11-06 (same file). BIS HTML page of the speech as served on 2026-11-02 Canonical address Open the canonical source ↗ Accessed 2026-11-06 Language English (en) Attribution Pablo Hernández de Cos, “Artificial intelligence, growth and financial stability: challenges for central banks”, 2026-09-10. Reuse No open redistribution licence asserted. Bibliographic metadata, editorial paraphrases and short attributed quotations (at most 50 words each). Recheck terms before wider redistribution. Check notes Candidate pack passage, AI and money (research/ai-money). The quotation (19 words) matched a fresh retrieval of 2026-11-06 (the same file the candidate pack read). Matching ignored differences of whitespace, case, quotation marks, dashes, line-break hyphens and Unicode compatibility forms. No human editorial review. Status and meaning Editorial status. Machine-checked . Machines found this record and checked it against its sources; no person accepted it individually. Each evidence record above shows how it was checked.
Relation. A passage of the document meets the proposition’s criterion. The record documents what the text states, in its register (fiction and satire are labelled); it is not evidence that the proposition is true and implies no influence on or from another text.
Date. Date the speech or remarks were delivered, as the text gives it.
Record ID am-u06-bis-2026-hdc-ai-growth-finstab