A comparison service, Zmarta, had the virtual machine ChatGPT4 analyze Riksbanken's monetary policy reports. According to that AI analysis, there is a 70% chance of a rate cut at the central bank's next monetary policy announcement on May 2, 2024.
Handelsbanken, One of Sweden's largest commercial banks, has made its own analysis without the involvement of AI and assesses that there is only a 56% chance of an interest rate cut.
Riksbanken has been so irrational in its decisions that the only logical explanation is that they have made the decisions with Rock-Paper-Scissors.
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