Pablo Hernández de Cos
Precisely, in his latest intervention at the International Banking Conference organized by Santander last Tuesday, De Cos warned that artificial intelligence could complicate the task of central banks in understanding the economy, both in terms of monetary policy and financial stability. #BCE #PabloHernándezDeCos #PolíticaMonetaria (translated)
"For central banks, AI does not change their mandate, but it can make the economy more difficult to understand," warned De Cos in his speech, who presents himself in the race for the ECB as a technician capable of establishing consensus among different sensitivities, without falling into the labels of dove or hawk. #InteligenciaArtificial #BancosCentrales #CrecimientoEconómico (translated)
De Cos, who currently presides over the International Bank of Settlements, has communicated to Feijóo and Minister Carlos Cuerpo that he would accept the presidency of the ECB, but not Elderson's seat. #BCE #PabloHernándezDeCos #OperaciónDiciembre (translated)
