Among them, let me point out four issues. (i) Impacts on Financial Markets First, high-frequency trading, or HFT, utilizing algorithms and AI has recently increased its role in various financial markets.
Financial authorities need to carefully examine how such trading strategies influence price formation, market volatility and liquidity, since they may have important implications in terms of market stability and the transmission mechanisms of monetary policy. Also in this context, the new role of central banks as "market makers of last resort" moves into the spotlight.