The European Central Bank has ordered the euro area's largest banks to draw up plans by October to counter cyber threats from frontier AI models, citing risks from tools like Anthropic's Claude Mythos…
Former Trump adviser Sriram Krishnan said Donald Trump will not impose a formal licensing system for AI, despite the White House recently blocking advanced AI models. Krishnan advocates for industry s…
Central banks, including the ECB and Federal Reserve, are evaluating whether artificial intelligence will drive inflation, with potential policy shifts on the horizon. Kevin Warsh emphasized the centr…
Federal Reserve Chair Kevin Warsh and ECB President Christine Lagarde are speaking at the ECB Forum on Central Banking in Sintra, Portugal, where discussions on tokenization and AI could signal policy…
ECB President Christine Lagarde warned that artificial intelligence could trigger financial crises and called for global AI governance modeled on Cold War-era nuclear non-proliferation treaties. The E…
European Central Bank President Christine Lagarde warned on June 11 that AI-powered threats to financial stability are accelerating and becoming more intrusive. The ECB is hardening its own defenses a…
The European Union announced that oil and gas prices are expected to remain elevated above pre-Iran war levels until at least the end of 2027, driving higher inflation across the eurozone. EU Economy …