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20.07.2025 21:21
20.07.2025 19:05
Are Central Banks Ready for AI to Rewrite the Rules of the Economy? How will artificial intelligence reshape the global economy, central banking and financial forecasting? Larry Summers explains that AI could raise the neutral interest rate and productivity, while also introducing more uncertainty into economic modeling. Sascha Steffen of the Frankfurt School of Finance and Management adds that AI can dramatically improve forecasting accuracy and data frequency, but introduce new risks like systemic amplification, model bias and lack of transparency. (Source: Bloomberg)

20.07.2025 19:04
DOJ Probing for Collusion in CLO Market During Libor Transition The US Justice Department is conducting a criminal antitrust investigation into whether some investors in collateralized loan obligations colluded to bolster their positions as markets transitioned away from the scandal-plagued London interbank offer rate in early 2023, according to people familiar with the matter.


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