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Reuters May 8

The European Central Bank is exploring defenses against cyberattacks potentially fueled by the AI model Mythos, which is currently only accessible to U.S. firms, leaving Europe at a disadvantage, according to ECB President Christine Lagarde. #Cybersecurity #ArtificialIntelligence #EuropeanCentralBank #EU #US #ES

ECB is studying defences against Mythos-powered attacks, Lagarde says
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Reuters May 8

The European Central Bank is exploring defenses against AI-driven cyberattacks fueled by the Mythos model, which is currently only available to U.S. companies, leaving Europe at a disadvantage, as highlighted by ECB President Christine Lagarde. #Cybersecurity #ArtificialIntelligence #EuropeanCentralBank #EU #US #ES

ECB is studying defences against Mythos-powered attacks, Lagarde says
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Reuters May 8

The European Central Bank, led by President Christine Lagarde, is exploring defenses against cyberattacks utilizing the AI model Mythos, developed by Anthropic, which is currently only available to U.S. firms, highlighting Europe's disadvantage and the potential risks posed by state-sponsored cyber threats. #Cybersecurity #ArtificialIntelligence #EuropeanCentralBank #EU #US #ES

ECB is studying defences against Mythos-powered attacks, Lagarde says
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Reuters May 5

The European Central Bank may raise interest rates in June if inflation does not significantly improve, as indicated by Bundesbank President Joachim Nagel, amidst concerns that ongoing high energy prices and lasting inflation could lead to a self-sustaining price spiral. #Inflation #InterestRates #EuropeanCentralBank #DE #SK #EE #IR

ECB may need to hike rates in June, Nagel says
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Reuters Apr 27

The European Central Bank is expected to hold interest rates steady at 2% during its upcoming meeting, following a ceasefire in the Iran war that has lowered immediate inflationary fears, although traders still anticipate potential rate hikes later this year amid ongoing uncertainty regarding oil production and economic growth. #EuropeanCentralBank #InterestRates #Inflation #GB #IR #DE #RU #EU

A fragile hold: Five questions for the ECB

The European Central Bank, facing increased uncertainty due to the impacts of the Iran war on the economy, is expected to maintain interest rates at their current level next week, as policymakers grapple with stagflation and geopolitical instability while assessing the potential implications of ongoing conflicts on inflation and growth forecasts. #EuropeanCentralBank #Inflation #GeopoliticalInstability #DE #IT #LV #UK

ECB rate dilemma: Eurozone growth stalls as Iran war fuels inflation