Central bankers warn on agentic AI finance risks

European central bankers and regulators warned that rulemaking cannot keep pace with agentic AI advances. Bank of England deputy governor Sarah Breeden said agentic AI could amplify market volatility and questioned whether guardrails like kill switches are needed. ECB President Christine Lagarde called AI a major risk. The BIS warned AI exuberance could trigger disruptive macro-financial feedback loops.