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ECB's Moulin Believes AI Could Exacerbate Inflation Volatility
13 hour ago /
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Author：小编
In a commentary published in Investir, European Central Bank (ECB) board member Emmanuel Moulin pointed out that the impact of artificial intelligence (AI) on inflation is difficult to predict and may exacerbate price volatility. He stated that AI affects both supply and demand variables, making the overall impact on inflation difficult to gauge. Additionally, its influence is not limited to inflation levels but may also manifest in inflation volatility. Moulin believes that in the short term, AI may have inflationary effects due to increased capital expenditures, but in the long run, it could suppress inflation as productivity improves.
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