HICP × Oil shock fan
Germany, France & Italy inflation under a fan of Brent oil shocks — BISTRO vs MOIRAI, side by side.
Open studio →Draw your own oil-price shocks and watch euro-area and US inflation respond — forecast live by BISTRO, the BIS fine-tune of the MOIRAI foundation model, running on your GPU.
Germany, France & Italy inflation under a fan of Brent oil shocks — BISTRO vs MOIRAI, side by side.
Open studio →Unconditional CPI, oil-shock fans, a custom oil-ramp what-if, policy-rate cases and any FRED series — all native.
Open studio →Pick an exercise, set the controls, and run. Forecasts stream back in seconds on your GPU.
Adjust the controls and hit Run forecast. The first run for each configuration loads the model checkpoints (~10–30 s); after that it’s a few seconds.
MOIRAI is an open-source time-series foundation model; BISTRO is the BIS fine-tune that responds more strongly to macro covariates like oil.
Your shocks rewrite the Brent path over the forecast horizon. The model produces a fan of inflation paths — one per shock — with 5–95% uncertainty bands.
Euro-area HICP (DE/FR/IT) + daily Brent from FRED, monthly back to the 1990s.
BISTRO is fine-tuned on US-centric data — euro-area use is a transfer illustration, not a calibrated forecast. Unprecedented shocks are extrapolation.