Forget about interpreting the words
Reuters writes about how Japanese researchers are using facial-expression reading artificial intelligence to try to predict Kuroda’s next move.
That’s definitely a new frontier in central bank watching.
I can see some value in it, but just watching and reading the full speeches is more than almost anyone does.
With the BOC coming up tomorrow, I’m reminded of Deputy Wilkins’ speech in Winnipeg before the two surprise hikes. The headline was that the BOC «will assess whether all the stimulus in place is still needed» but watching it. She paused for an awkwardly long time after delivering that line and looked straight into the camera.
You didn’t need a quantum-computer to read that signal.