Blackday/Shutterstock.comPsychedelic medicine has regained momentum in 2025. Investors are coming back, regulatory attitudes are softening, trial results are improving and major pharmaceutical firms that kept their distance are starting to pay attention.
Avelina/ShutterstockThe European parliament recently backed changes to the rules around the labelling and marketing of plant-based meat
Charli XCX performs during a celebration of the annual release of Spotify Wrapped in 2022 in Los Angeles. Kevin Winter/Getty Images for SpotifyEven before this year’s Spotify Wrapped dropped, I had a hunch what mine would reveal.
Imagine going from having a book club with your co-workers to seeing them only on a Signal chat where every member has to be vetted – and the main conversation topic is when you might lose your job.
That’s what it was like for workers at one federal agency earlier this year.
koldo_studio/ShutterstockThe UK’s autumn budget tried to appeal to both workers and employers. But the decision the very next day to soften a key plan to improve workers’ rights shows how difficult that balance has become.
koldo_studio/ShutterstockThe UK’s autumn budget tried to appeal to both workers and employers. But the decision the very next day to soften a key plan to improve workers’ rights shows how difficult that balance has become.
Using a novel macro-finance model we infer jointly the equilibrium real interest rate r*, trend inflation, interest rate expectations, and bond risk premia for the United States. In the model r* plays a dual macro-finance role: as the benchmark real interest rate that closes the output gap and as the time-varying long-run real interest rate that determines the level of the yield curve. Our estimated r* declines over the last decade, with estimation uncertainty being relatively contained. We show that both macro and financial information is important to infer r*.
Using a novel macro-finance model we infer jointly the equilibrium real interest rate r*, trend inflation, interest rate expectations, and bond risk premia for the United States. In the model r* plays a dual macro-finance role: as the benchmark real interest rate that closes the output gap and as the time-varying long-run real interest rate that determines the level of the yield curve. Our estimated r* declines over the last decade, with estimation uncertainty being relatively contained. We show that both macro and financial information is important to infer r*.
The OECD published on Tuesday its latest economic outlook and is broadly in consensus with other organisations that monitor the Greek economy that the economy will sustain its growth path, though it will begin to moderate as EU resources will wind down next summer.
This report provides a comprehensive overview of the models and tools used for macroeconomic projections within the European System of Central Banks (ESCB). These include semi-structural models, dynamic stochastic general equilibrium (DSGE) models, time series models and specialised satellite models tailored to particular questions or country-specific aspects. Each type of model has its own strengths and weaknesses and can help answer different questions. The models should therefore be seen as complementary rather than mutually exclusive.
