They are well positioned to tap the benefits of AI so they can enhance their ability to fulfil their mandate for price stability and the stability of the financial system. Machine learning is already being used at the Bundesbank in different narrow segments. The experiences of all users have been good without exception.
While monitoring the technical progress, we are currently discovering further use cases and defining our AI foundation, strategy, organisation and processes. Here is a list of examples, which is by no means exhaustive: In risk management, neural networks assess and evaluate the financial soundness of the markets.