Future Finance
Robots Can Now Decode the Cryptic Language of Central Bankers
Machines that mimic the human brain are analyzing dense policy statements in seconds—and getting it right.
The Marriner S. Eccles Federal Reserve building in Washington, D.C., on April 8, 2019.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
Robots are on their way to cracking one of the world’s toughest codes: central banker speak.
In a matter of seconds, machines that mimic the human brain can read through dense and obscure policy statements and then offer a prediction. The humans who develop and use them say artificial intelligence gets it right, more often than not.