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Transcripts For BBCNEWS World 20240703

By an israeli airstrike. The Israeli Military has denied responsibility, saying the blast was caused by a failed rocket launched by the gaza based Militant Group Palestinian Islamic jihad. Us President Joe Biden is currently travelling to israel, but a planned Summit Injordan with arab leaders has now been cancelled. Biden s visit is designed to further demonstrate americas support for israel. The white house is saying the us is optimistic about getting humanitarian aid into gaza. On our website we have a live page that is constantly updating with the latest developments but now lets focus on the top Business Stories. Here in europe in a few ....

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RBI economists suggest new machine learning methods for inflation forecasting

Economists at the Reserve Bank of India (RBI) argue that traditional models like the Phillips Curve, used for inflation prediction, may not effectively capture the inflation-cause relationship. In their paper, Inflation Forecasting in India: Are ML techniques useful, they advocate for advanced machine learning (ML) methods, stating that ML outperformed traditional models in both pre-pandemic and post-pandemic periods, particularly in handling inflation volatility during the pandemic. ....

Binod Bhoi , Nishant Singh , Phillips Curve , Reserve Bank Of India , Inflation Forecasting , Rbi Economists , Machine Learning Inflation , Machine Learning ,

Immediate Edge: A New Tool for Inflation Forecasting

Immediate Edge: A New Tool for Inflation Forecasting ....

Matt Shine , Immediate Edge , Quantum Computing , New Tool , Inflation Forecasting ,

Federal Reserve Bank of San Francisco | This Time Is Different…Because We Are

The Federal Reserve has evolved since the “Great Inflation” of the 1970s. With new tools and a deeper understanding of the importance of transparency, it is better prepared to meet the dual mandate goals of price stability and full employment, even in challenging times. The following is adapted from remarks by the president of the Federal Reserve Bank of San Francisco to the Los Angeles World Affairs Council & Town Hall on February 23. ....

United States , University Of Chicago , United Kingdom , Los Angeles , San Francisco , Davidh Romer , David Romer , Andrew Levin , Argiam Sbordone , Johng Fernald , Marc Giannoni , Stefano Eusepi , Adam Hale Shapiro , Luize Oliveira , Christina Romer , Huiyu Li , Bens Bernanke , Mark Gertler , Bernt Bratsberg , Eric Swanson , Michael Woodford , Maryc Daly , Jordi Gal , Allanh Meltzer , Paul Volcker , Bart Hobijn ,

Return Of The Original Phillips Curve

From the San Francisco Fed this post authored by Peter Lihn Jørgensen and Kevin J. Lansing ....

United States , United Kingdom , San Francisco , Janet Yellen , Kevinj Lansing , Peter Lihn , Federal Reserve Bank , Monetary Policy , Brookings Institution , Hutchins Center On Fiscal , Congressional Budget Office , Department Of Economics At Copenhagen Business School , Summer Institute , Economic Letter , Congressional Budget , Fed Chair Janet Yellen , Professional Forecasters , Copenhagen Business , Economic Research Department , Inflation Forecasting , Monetary Economics Workshop , Phillips Curve , Economic Review , Inflation Expectations , Francisco Working Paper , Interaction Variable ,