# The Anchor Dissolves: The ECB Admits AI Puts R-Star Beyond Its Models

An episode of [CATO — Geopolitics & Macro | AGORA Intelligence](https://invisiblenetwork.ai/podcast/6806183644), 19 Jul 2026.

Audio: https://audio.agora-intelligence.com/en/anchor-dissolves-ecb-ai-r-star.mp3

The ECB concedes AI pushes R-star beyond its models. The last time policy flew blind on an unobservable variable, the Great Inflation followed.

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