BOJ Deputy Governor Uchida (内田氏) suggested at the ECONDAT 2026 Fall Meeting that the use of AI and big data could enhance monetary policy. Improving the accuracy of market forecasts and responding nimbly to economic changes were cited as key points.
At the ECONDAT 2026 Fall Meeting, BOJ Deputy Governor Uchida (内田氏) expressed the view that using AI and big data would support anticipating market trends and responding quickly to economic changes.
The remarks illustrate the growing use of data-analysis technology as an operating foundation for monetary policy. The introduction of AI and big data is said to have the potential to complement conventional statistics and qualitative judgment, leading to more accurate policy decisions.
Deputy Governor Uchida (内田氏) expressed expectations for discussion of these issues, and the Bank of Japan's explanation reflects a broader trend toward further enhancing the analytical framework for monetary policy through the use of advanced technology.