From Yahoo Finance: 2025-04-16 11:06:00

Artificial intelligence will enhance accuracy in predicting the European Central Bank’s monetary policy moves, according to a study by DIW Berlin. Using a text analysis model, forecasts for interest rate changes can be improved from 70% to 80%. Analysts anticipate an interest rate cut at the upcoming ECB meeting due to trade tariffs and economic uncertainty.

Read more: Use of AI increases accuracy in predictions of ECB moves, DIW says