Use of AI increases accuracy in predictions of ECB moves, DIW says
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BERLIN : The use of artificial intelligence will increase accuracy when predicting the monetary policy moves of the European Central Bank, a study by the German Institute for Economic Research DIW Berlin said on Wednesday. Researchers analysed the ECB's communications from January 2019 to March 2025 using a specially trained text analysis model based on AI. The program takes each sentence of the ECB's statements individually and analyses whether it is a signal for a restrictive, expansionary or
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