worsen the nowcasting performance. Finally, we show how releases of new data can be viewed through the lens of the dynamic …

Forecasting future inflation and nowcasting contemporaneous inflation are difficult. We propose a new and parsimonious … model for nowcasting headline and core inflation in the U.S. price index for personal consumption expenditures (PCE) and the …’s nowcasting accuracy improves as information accumulates over the course of a month or quarter, and it easily outperforms a …

This paper analyses nowcasting of manetary policy in an uncertain data environment.Nowcasting induces a relative … asymmetry-a ratio of asymmetric preference for output nowcasting to the one for inflation in real-time.We propose a nowcasting … Taylor rule to eliminate biases in the asymmetric nowcasting. Notably,three results are obtained as follows.First, central …