Author’s note: This blog is based on a published article: CHADWICK, M., CHERRY, R. and GALIMBERTI, J.K. (2025), Nonresponse Bias in Household Inflation Expectations Surveys. Journal of Money, Credit and Banking. https://doi.org/10.1111/jmcb.70002 The views expressed in this paper are those of the authors and do not necessarily represent the views of their corresponding institutional affiliations. […]
Author Archives: Meltem Chadwick
Financial Stability, Supervision
The European Union’s Artificial Intelligence Act: Reshaping the Future of Artificial Intelligence Regulation
09
Apr
Apr
The rapid progress of artificial intelligence (AI) has significantly impacted industries, particularly finance and financial services, offering remarkable advancements in efficiency, decision-making and service delivery. But AI adoption has also introduced ethical, legal and societal challenges, including concerns over privacy, bias and accountability. Despite – or perhaps because of – the pace of these developments, […]
Macroeconomics and Monetary Policy
Addressing Climate Risks in Central Banks: Emerging Challenges for SEACEN Member Economies
22
Mar
Mar
Climate change poses a common and potentially overwhelmingmacrofinancial risk for all SEACEN member countries.Michael D. Patra, Deputy Governor, Reserve Bank of India, 15 February 2024 Introduction Many SEACEN economies are acutely vulnerable to natural disasters and the broader impact of climate change. Figure 1 illustrates the mean temperature and precipitation change within the last century […]