In data analysis, time series forecasting relies on various machine learning algorithms, each with its own strengths. However, we will talk about two of the most used ones. Long Short-Term Memory ...

Forecasting inflation has become a major challenge for central banks since 2020, due to supply chain disruptions and economic uncertainty post-pandemic. Machine learning models can improve forecasting ...

Meteorologists and other environmental scientists rely on numerical forecast models to aid in developing a weather outlook. These models, such as the American GFS model and European ECMWF model, use ...

Accurately predicting the weather is hard — really hard, but a new AI-powered forecast model just hit a milestone that has experts saying your forecast could soon get more accurate, and further out, ...

A range of national meteorological services across Europe and ECMWF have launched Anemoi, a framework for creating machine learning (ML) weather forecasting systems. Named after the Greek gods of the ...

A recent study, “Picking Winners in Factorland: A Machine Learning Approach to Predicting Factor Returns,” set out to answer a critical question: Can machine learning techniques improve the prediction ...

The absence of reliable data on fundamental economic indicators (e.g. real GDP), combined with structural shifts in the economy, can severely constrain the ability to conduct accurate macroeconomic ...