· Joachim Nagel Wiki · Deutsche Bundesbank WikiAI and the future of central banking
Read full speech on bis.org ↗ContextWelcome address by Joachim Nagel, President of the Deutsche Bundesbank, at the conference "Artificial Intelligence and the future of central banking", jointly hosted by SUERF ( The European Money and Finance Forum ) and the Deutsche Bundesbank, Frankfurt am Main, 9 December 2025.
Why it mattersThe Bundesbank President on how central banks themselves can use AI, and on the need for explainable models.
Problems raised
- AI could transform central banking.
- AI models can be hard to explain.
- AI has uncertain economic effects.
Solutions proposed
- Use machine learning to detect inflation and labour shifts faster.
- Invest in explainable AI methods.
- Study AI's economic implications.