The paper explores the use of regime-switching dynamic factor models (DFM) and the Expectation-Maximization (EM) algorithm ...

Just a month after its launch, ESA's Arctic Weather Satellite has already delivered its first images, notably capturing Storm ...

The Arctic Weather Satellite (AWS) of the European Space Agency (ESA) was sent on its journey to a polar orbit 600 km above ...

ECB President Christine Lagarde praised the "remarkable" unwinding of inflation with minimal job losses, projecting inflation ...

The higher resolution version is less enthusiastic, but still provides some heavier spots of rain. It may come down to a ...

This paper is concerned with nowcasting in a setting involving a large dataset with mixed frequencies, missing data problems, and regime-switching over time. I show that the Expectation-Maximization ...

Though science has achieved some success with short-term forecasting, in most parts of the world long-term weather ...

The World Bank's report highlights the importance of real-time welfare monitoring using advanced methods like nowcasting and ...

The Federal Reserve Bank of Cleveland oversees banks and executes monetary policy in Ohio and parts of Pennsylvania, West ...

The consumer price index reading for August will be one of the last major economic releases ahead of the Federal Reserve’s ...

Collecting accurate weather data of the Arctic for the first time and improving forecasts and climate observations worldwide ...

Some years ago the focus was not only on how extreme and unexpected the weather was but also on how bad forecasts in ...