Reported about 9 hours ago
A simulated Federal Reserve meeting using AI agents based on real policymakers revealed that political pressure can cause division among members when deciding on interest rates. Conducted by George Washington University, the simulation demonstrated that while the Fed strives to remain insulated from politics, outside influences can significantly affect its internal decisions, particularly in contentious environments. Though central banks explore AI to enhance operational efficiency, most are still in the early stages of adoption.
Source: YAHOO