Abstract: The Conditional Expectation Function (CEF) is an optimal estimator in real space. Artificial Neural Networks (ANN), as the current state-of-the-art method, lack interpretability. Estimating ...

An Asian grocery store in Glenview, Ill. A recent survey showed that U.S. consumers' long-run inflation expectations are rising. (Nam Y. Huh/AP) 🔎 This is an online version of Spencer's Markets A.M.

We always agree on expectations in advance so it works well for everyone – it's really important for me and the family to know exactly what days/hours I'll be working vs what will be my downtime. I've ...

Marcus Rashford’s Barcelona story has barely begun, but it’s already swinging between savior and scapegoat. Brought in on loan from Manchester United, the winger looked out of sync with La Liga’s pace ...

Money latest: Major changes to EU travel rules next week - except in two countries New EU travel rules take effect next weekend ahead of a €20 charge for Britons in 2026 - we outline everything you ...

Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. The rational expectations theory is a concept and ...

Ahead of the 2027 general elections, the Labour Party (LP) has cried out over what it described as a desperate plot by the ruling All Progressives Congress (APC) to hijack its structures by ...

This research evaluates the effect of monetary policy rate and exchange rate on inflation across continents using both Frequentist and Bayesian Generalized Additive Mixed Models (GAMMs). Extending an ...

This work, combining behavioural genetics and calcium imaging, provides evidence for a form of learning in Drosophila that derives solely from direct or (optogenetically induced) phantom experience of ...

The National Academies of Sciences, Engineering, and Medicine are private, nonprofit institutions that provide expert advice on some of the most pressing challenges facing the nation and world. Our ...