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1import transformers
2import torch
3
4
5model_id = "WiroAI/WiroAI-Finance-Gemma-9B"
6
7pipeline = transformers.pipeline(
8 "text-generation",
9 model=model_id,
10 model_kwargs={"torch_dtype": torch.bfloat16},
11 device_map="auto",
12)
13
14pipeline.model.eval()
15
16messages = [
17 {"role": "user", "content": "How can central banks balance the trade-off between controlling inflation and maintaining economic growth, especially in an environment of high public debt and geopolitical uncertainty?"
18 },
19]
20
21terminators = [
22 pipeline.tokenizer.eos_token_id,
23 pipeline.tokenizer.convert_tokens_to_ids("<|eot_id|>")
24]
25
26outputs = pipeline(
27 messages,
28 max_new_tokens=512,
29 eos_token_id=terminators,
30 do_sample=True,
31 temperature=0.9,
32)
33
34print(outputs[0]["generated_text"][-1]['content'])1Central banks face a complex challenge in balancing the objectives of controlling inflation and maintaining economic growth, particularly in the context of high public debt and geopolitical uncertainty. This delicate trade-off involves managing interest rates, monetary policy tools, and expectations to achieve price stability while avoiding the risk of recession.
2
3One approach central banks can consider is to maintain a flexible and data-driven policy stance, utilizing advanced analytical models and real-time economic indicators. This approach involves regular monitoring of inflation trends, potential risks, and the impact of global economic developments on domestic economic conditions. For instance, the European Central Bank (ECB) has adopted a forward guidance strategy, outlining its intention to keep interest rates at their current low levels for an extended period, thereby supporting economic activity and inflation expectations.
4
5Furthermore, central banks can employ a range of monetary policy instruments to address economic fluctuations. These tools can include changing interest rates, implementing unconventional monetary policies such as quantitative easing or negative interest rates, and providing liquidity to financial institutions. The Federal Reserve, for example, has used unconventional policies to boost economic growth by purchasing government and mortgage-backed securities and reducing interest rates to near-zero levels.
6
7In the context of high public debt, central banks must tread cautiously, as aggressive tightening policies could potentially worsen public debt sustainability issues. One strategy is to communicate transparently with governments, financial markets, and the public to manage expectations and foster confidence in the economy. This transparent communication can help to stabilize market conditions and reduce the negative effects of uncertainty on economic growth.
8
9Moreover, central banks can enhance their crisis preparedness by establishing contingency plans for different economic scenarios, including those related to geopolitical risks. This proactive approach can include implementing stress tests, building reserves of liquidity, and maintaining strong banking regulations to ensure financial stability.
10
11In conclusion, central banks can navigate the trade-off between inflation control and economic growth by utilizing a flexible policy stance, deploying a range of monetary policy tools, maintaining transparent communication, and enhancing crisis preparedness. It is crucial for central banks to adapt to the specific circumstances and conditions of their respective economies, weighing the potential long-term effects of different policy options to ensure sustainable economic growth and price stability.1@article{WiroAI,
2 title={WiroAI/WiroAI-Finance-Gemma-9B},
3 author={Abdullah Bezir, Furkan Burhan Türkay, Cengiz Asmazoğlu},
4 year={2025},
5 url={https://huggingface.co/WiroAI/WiroAI-Finance-Gemma-9B}
6}