financial stability

Artificial intelligence (AI) can help central banks with forecasting. However, the technology also harbours risks for financial stability and monetary policy.

A new ESRB report warns of risks associated with the non-bank financial sector, including private credit. Leverage and liquidity risks are two of the areas of concern.

Following the interest rate turnaround and a decline in property prices, open real estate funds are under pressure. However, the holding periods introduced for investors in 2013 stabilize the investment products today. A mass exodus of investors, as seen during the financial crisis, is unlikely.