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AI and monetary policy

Dinner speech by Philip R. Lane, Member of the Executive Board of the European Central Bank, at the closing conference of the European System of Central Banks Research Network on Challenges for Monetary Policy Transmission in a Changing World (ChaMP), Rome, 6 July 2026.

We haven't written up this one. BIS Central Bank Speeches has the full story — the link below goes straight to it.

Read the original at bis.org →

More in AI

Why AI Agent Runtimes Need a 'Constitution': Lessons from Ironclaw and the Rise of Policy-First Autonomous Systems

Originally published on tamiz.pro . Introduction Autonomous AI agents are transitioning from research prototypes to production-critical systems.

  • Autonomous AI agents perform critical tasks requiring safety measures.
  • Constitution for AI agent runtimes addresses alignment and reliability issues.
  • Ironclaw runtime case study demonstrates challenges and policy-first solutions.

One terminal, two trust levels — running Claude Code against a real subscription and a cheap proxy

Part of an ongoing series on model routing and trust tiering for agentic coding tools. This one's the boring, working half — no bug hunt, just a setup that's been running clean across two machines.

  • Claude Code runs on two trust levels using a real subscription and a cheap proxy
  • Self-hosted proxy translates Anthropic-format requests to DeepSeek V4
  • Proxy config separates planning/review tasks from high-volume, low-stakes work

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