Philip R. Lane: AI and monetary policy
What changed vs prior statement
- 01Current statement shifts focus to AI implications for inflation, moving from prior specific interest rate discussions.
- 02"Risk of second-round effects" replaced with general discussion on inflationary effects of AI productivity gains.
- 03No vote-record change.
From the original
SPEECH AI and monetary policy Dinner speech by Philip R. Lane, Member of the Executive Board of the ECB, at the Closing Conference of the European System of Central Banks Research Network on Challenges for Monetary Policy Transmission in a Changing World (ChaMP) [ 1 ] Rome, 6 Jul
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