AI and the euro area economy
Speech by Philip R. Lane, Member of the Executive Board of the ECB. A speech or remarks are the speaker’s, not the European Central Bank’s policy unless its own text says so. Dated 2026-03-23. Occasion: ECB-SAFE-RCEA International Conference on the Climate-Macro-Finance Interface (3CMFI), Frankfurt.
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- AI and the euro area economy European Central Bank · published 2026-03-23 · Retrieved for the candidate pack on 2026-11-02 (SHA-256 cefdf122822e3c94f13956f28c211bbd1a831f9ec3f4e63690cef469e8e0716e). Retrieved again at admission on 2026-11-06 (SHA-256 9c5d8d00abf49f636472ad4ea9b0b537ca55c6b42705532762e41c349ce63351; web pages are served with new markup on each request). HTML speech page as served on 2026-11-02
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- AI and money: what central banks and financial authorities have said, 1997–2026 →2 records on this document
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- AI can improve nowcasting and policy analysisIn a keynote speech of 23 March 2026, Philip R. Lane, Member of the Executive Board of the ECB, said that the ECB has expanded AI and machine-learning tools aimed at forecasting, alternative data and nowcasting, including quantile regression forests for density forecasts of inflation used in forecasting exercises.2026-03-23 · event · Stated in source · Supported Inspect claim & evidence ↗AI can improve nowcasting and policy analysis: propositions page →
- AI’s economic effects matter for monetary policyIn a keynote speech of 23 March 2026, Philip R. Lane, Member of the Executive Board of the ECB, set out how AI could affect inflation, the natural rate of interest (R*) and cyclical shocks, said that the net effect on R* remains uncertain, and said that the short- and longer-run effects of AI warrant careful monitoring for monetary policy.2026-03-23 · event · Stated in source · Supported Inspect claim & evidence ↗AI’s economic effects matter for monetary policy: propositions page →
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