Who’s paying attention? How firms form policy rate expectations – Bank Underground
Lea Havemeister, Nicholas Bloom, Philip Bunn, Paul Mizen, Gregory Thwaites and Ivan Yotzov
Monetary policymakers carefully craft their policy decisions and communication, and financial...
Is higher productivity inflationary or disinflationary? – Bank Underground
Ludovica Ambrosino, Jenny Chan and Silvana Tenreyro
Recent technological advances raise an important question for policymakers: will higher productivity be disinflationary or inflationary? A...
If AI disappoints? The transmission of US big-tech earnings news – Bank Underground
There is growing concern among policymakers, international organisations, and even big-tech Chief Executive Officers (exhibits I, II and III) that the current artificial...
Is artificial intelligence making us more productive? What the UK industry data show – Bank Underground
Sandra Batten
Unlike previous waves of automation, machine learning and generative AI (Gen AI) technologies can perform non-routine cognitive tasks, such as those involving...
Canaries in the column? AI exposure and the UK’s hiring slowdown – Bank Underground
Haley Schlicht
From Silicon Valley executives promising to automate white-collar work to headlines claiming AI is foreclosing the graduate entry market, the strained ‘low...
using machine learning to segment UK mortgages – Bank Underground
Joe Grimshaw
Who are the UK’s mortgage borrowers, and how do their characteristics differ? Despite extensive literature on mortgage profiles, loan-level segmentation remains limited,...