Search results for "BERT"
10:38

The elastic economy supports eurozone inflation.

Jin10 data reported on May 2, economists at ING, Bert Colijn, stated that inflation in the Eurozone is unlikely to fall significantly in the future because the underlying resilience of the economy offsets the dampening effects of trade tariffs. Data released on Friday showed that prices in the Eurozone rose 2.2% year-on-year in April, remaining stable compared to the previous month. Colijn said that trade turmoil and the ensuing drop in energy prices have brought the inflation rate close to the European Central Bank's target of 2%. However, investors should not expect inflation to decline significantly in the coming months. He remarked, "Even if the trade war initially suppressed inflationary pressures, a robust Eurozone economy with a strong labor market and high wage growth is likely to keep inflation elevated to some extent in the coming months."
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BERT-12.79%
12:45

Gate.io: Eurozone retail sales in trouble but still hopeful of achieving rise

According to the report of Bert Colijn, an international economist from the Netherlands, although retail sales in the euro area have declined, purchasing power is rising rapidly, real wages are recovering, and consumption has not yet shown a strong Rebound. Consumer concerns about the economy and unemployment have increased, which may lead to weak first-quarter spending and continued low GDPrise.
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BERT-12.79%
14:38
According to Moonshot Listings, Moonshot has launched the Solana on-chain Meme coin BERT (Bertram), with a current Market Cap of 1.1 billion US dollars and a 24-hour growth rate of 44.69%, with a 24-hour Trading Volume of 9 million US dollars. It is reported that BERT (Bertram) is a Meme Token based on the concept of a Pomeranian dog.
SOL-3.92%
MEME1.77%
BERT-12.79%
10:15

Institution: Eurozone inflation meets expectations, euro trend stable

On August 30th, Jinshi Data reported that the current Exchange Rate of the euro against the dollar remains stable. Previous data showed that inflation in the euro area in August matched expectations, with the inflation rate dropping from 2.6% in July to 2.2% in August, and the core inflation rate dropping from 2.9% to 2.8%. Bert Colijn, an economist at ING, stated in a report: "For the Central Bank of Europe, the moderate progress of core inflation and wages, along with expectations for next year, seems sufficient to cut interest rates by 25 basis points in September." However, he noted that this is a "slow and gradual process" because the European Central Bank is still concerned about the upside risks to the inflation outlook.
12:10
On May 31, Bert Colijn, an economist at ING, said that although European Central Bank is expected to cut interest rates in June, the May inflation data shows that the debate about European Central Bank being able to ease the economic suppression to a long greater extent in the rest of the year will be white-hot. "While many forward-looking indicators remain longest healthy, the heat in the labour market, the continued turmoil in the supply chain and the recovery in purchasing power will make for an interesting debate at the Central Bank," he said in a note. Eurozone services inflation is expected to remain around 3.5% by the end of the year, well above target, while wage pumping in the first quarter was unexpected, he said. He added that the May inflation data was a warning that next week may not be the start of a traditional rate-cutting cycle.
08:46
According to the business survey, Bert Colijn, an economist at ING Group, said that the eurozone seems to be emerging from its slump as economic activity continues to rise. The eurozone's PMI this month exceeded expectations, with Germany, the economic powerhouse, leading the way. "The decline in output is now close to bottoming out. The increase in real income is boosting internal demand and expectations for global demand are also improving. The ongoing improvement in economic activity is clearly breaking the eurozone's stagnation period during 2023."
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11:54
On May 15, ING economist Bert Colijn said that industrial production in the eurozone seems to be tentatively bottoming out and rebounding, although it has not yet shaken off the downturn that began in 2022. Output rise 0.6% month-on-month in March, but this was mainly driven by a sharp rise in Irish output data, while Germany, Spain, France, Italy and the Netherlands all saw declines. In fact, production in March was not enough to compensate for the sharp drop in January, which was 1.6% lower than in December. However, while it may be too early to say that the economy is starting to recover, there should be some recovery in the second half of the year. Higher real wage rise should boost consumer spending as the goods cycle begins to turn.
06:28
According to the "Kechuangban Daily" report on July 12, eight Google researchers previously jointly published a paper explaining the Transformer architecture, and they were known as the "Eight Sons of Transformer". Now one of the authors, Llion Jones, will leave Google at the end of this month. With his resignation, all the authors of the paper have left Google. Jones said that leaving Google was not an easy decision, but given the momentum of AI development, it was time to try something different. According to reports, he himself plans to take a break before starting a company. It is reported that the Transformer architecture is the most important part of Google's famous algorithm BERT, and it is the "T" at the end of ChatGPT.
08:15
According to the qubit report, Jacob Devlin, the first work of BERT, has only been working in OpenAI for 3 months, and it was revealed that he returned to Google and rejoined the Bard project. Devlin returned to Google and worked closely with Bard lead developer Slav Petrov, according to people familiar with the matter. The reason why Devlin left Google before was related to Bard. Devlin had severely criticized its Google executives before.
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