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central bankersReuters
•79% Informative
Bank of Canada Governor Tiff Macklem says adoption of artificial intelligence by businesses could add to price pressures in the short term.
Macklem said the BoC was already using AI to forecast inflation, track economic sentiment, verify data and improve efficiency.
The Bank for International Settlements ( BIS ) said in June that central banks should embrace AI 's benefits but should not allow it to replace humans.
VR Score
90
Informative language
96
Neutral language
59
Article tone
formal
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English
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57
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Attention-grabbing headline
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short-lived
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