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In governor's face, researchers try to predict Japan central bank changes

In Kuroda's facial expression, researchers find ways to 'predict' central bank changes

Tomo Uetake | Reuters  |  Tokyo 

For decades, economists have tried to guess central bank policy direction by studying subtle changes in official language -- now, researchers are finding new clues on policy, not in the words of central banker but in their faces. In Japan, two artificial intelligence researchers, one from Nomura Securities and the other from Microsoft, are using software to analyse split-second changes in the facial expressions of Bank of Japan Governor Haruhiko Kuroda at his post-meeting press conferences. Their study found that Kuroda showed fleeting signs of "anger" and ...

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First Published: Sat, October 21 2017. 01:54 IST