Who’s paying attention? How firms form policy rate expectations – Bank Underground

Who’s paying attention? How firms form policy rate expectations – Bank Underground

Lea Havemeister, Nicholas Bloom, Philip Bunn, Paul Mizen, Gregory Thwaites and Ivan Yotzov Monetary policymakers carefully craft their policy decisions and communication, and financial markets respond quickly. Yet the effect...

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If AI disappoints? The transmission of US big-tech earnings news – Bank Underground

If AI disappoints? The transmission of US big-tech earnings news – Bank Underground

Daniel Ostry, Roger Vicquéry and Emilio Zaratiegui There is growing concern among policymakers, international organisations, and even big-tech Chief Executive Officers (exhibits I, II and III) that the current artificial...

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Is artificial intelligence making us more productive? What the UK industry data show – Bank Underground

Is artificial intelligence making us more productive? What the UK industry data show – Bank Underground

Sandra Batten Unlike previous waves of automation, machine learning and generative AI (Gen AI) technologies can perform non-routine cognitive tasks, such as those involving written or spoken language, and have...

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