BOJ Deputy Governor Uchida said that AI could push up stock prices, and stock price gains were said to have the potential to make financial conditions more accommodative.
BOJ Deputy Governor Uchida referred to the possibility that AI could push up stock prices. The view was presented that AI's impact on stock prices could affect financial conditions.
Stock price gains are interpreted as potentially leading to lower funding costs and more accommodative financial conditions, but the scale and mechanism of the impact are considered unclear.
The remarks are said to have directed market and stakeholder attention to the relationship between AI and monetary policy.