Category: 3. Business

Introduction

Pregnancy and childbirth, particularly the gestation and birth of the first child, represent pivotal life transitions and developmental milestones within the family life cycle []. In particular, the antenatal period imposes unique psychological demands on couples, as pregnancy-specific physiological changes (eg, hormonal fluctuations and somatic alterations) intersect with the developmental task of preparing for parental identity formation. Depression, anxiety, and stress are common psychological challenges experienced during pregnancy that affect approximately 10% of pregnant women []. Compared with pregnant women, the psychological distress experienced by their partners during the same period has often been overlooked. Indeed, the literature reports that the prevalence of psychological distress in partners during pregnancy is comparable to that in pregnant women []. This oversight has critical implications, as research has shown that paternal distress not only disrupts marital functioning but also affects maternal mental health and subsequent parent–child relationships [].

Although numerous interventions have been shown to alleviate psychological distress in pregnant women, those specifically targeting partners and interventions that simultaneously involve both members of the couple remain rare. The absence of programs designed to engage pregnant women and their partners represents a critical gap, as research has demonstrated that psychological distress is interdependent. Such distress is shared between both members of the couple dyad, potentially through “emotional contagion” or a multilayered process in which stimuli from one individual elicit an emotional or a behavioral response in the other (ie, the “common fate” model) []. These findings underscore the need for a paradigm shift toward integrating dyadic assessments into perinatal screening protocols and developing a partner-inclusive treatment framework.

Mindfulness-based interventions (MBIs) are designed to foster awareness of individuals’ present-moment experiences and to develop an orientation of openness and acceptance toward these experiences []. MBIs are widely recognized as effective psychological approaches in both clinical and nonclinical populations, including pregnant women [-]. Multiple systematic reviews and meta-analyses [-] indicate that MBIs help alleviate depression, anxiety, and perceived stress in pregnant women and have long-term preventive effects on postpartum depression and perceived stress []. However, MBIs for both partners primarily focus on couples coping with chronic illnesses such as cancer []. To the best of our knowledge, only 2 randomized controlled trials (RCTs) have used mindfulness interventions with couples. One study used a mindfulness-based childbirth and parenting program that integrated mindfulness training with childbirth and parenting education []. However, it specifically targeted couples in which the pregnant woman feared childbirth, with childbirth-related outcomes as the primary focus. Another study focused on couples’ relationship satisfaction and recruited couples with excessively high levels of relationship satisfaction. In addition, the sample size was small []. All these factors limited the representativeness of the 2 studies. Thus, it remains unclear whether mindfulness-based dyadic interventions are suitable for couples.

One of the challenges of traditional MBIs is the requirement to attend in-person classes that last 6-8 weeks. This becomes even more difficult when both partners in a couple are expected to participate, because their conflicting schedules and responsibilities often make coordination challenging []. Two recent systematic reviews and meta-analyses showed that emerging digital mindfulness interventions can significantly reduce maternal prenatal depressive and anxiety symptoms [] and are also effective in preventing postpartum depression in healthy pregnant women []. The digital approach offers an innovative solution that can effectively overcome these obstacles. It provides individuals with the flexibility to engage in therapy at their convenience, breaking free from the limitations of time and location while also helping to reduce the stigma often associated with seeking psychological support []. These benefits are particularly significant in relatively resource-limited and less developed areas [], such as western China.

WeChat (Tencent) is the most widely used smartphone application for instant communication, social interaction, and information dissemination in China and is regarded as one of the leading social networks globally []. Its mini-program function enables simpler development of health intervention programs, reduces costs, and delivers a more rapid, convenient, and enriched user experience [,]. Thus, the primary aim of this study was to explore the effect of a digital mindfulness-based intervention for expectant parents (dMBI-EP) through a WeChat mini-program on their psychological stress responses.

The early neuropsychological development of offspring is equally significant to the parents’ mental health during pregnancy. Neuropsychological development refers to the developmental process of the brain structure and function, as well as behavioral performance under the dynamic interaction of biological, environmental, and cultural factors, involving adaptive changes in multiple dimensions such as cognition, language, motor skills, and social-emotional functions []. Temperament refers to biologically-based, relatively stable individual differences in emotional reactivity and regulation and other behavioral tendencies [] that are observable at birth []. Infant neuropsychological studies often include infant temperament as a characteristic of behavioral performance and incorporate it into the measurement framework [,]. Moreover, temperament serves as a crucial early predictor of an individual’s later-stage psychopathology and developmental behavior disorders, thus holding significant research value [,]. Two previous reviews have highlighted a relationship between maternal prenatal mental health and the difficult-to-care-for temperament of infants [,]. Two systematic reviews and meta-analyses published in 2024 showed significant associations between maternal prenatal depression and poorer cognitive, language, and motor development in offspring []. Moreover, parental prenatal mood and anxiety disorders were significantly associated with an increased risk of neurodevelopmental disorders in children []. Given the negative consequences of couples’ prenatal psychological distress, effective primary preventive interventions are crucial. Pregnancy, that is, the early developmental period of offspring, is a window of opportunity in which early preventive interventions may not only reduce the burden and alleviate the suffering resulting from couples’ prenatal psychological distress but also leverage neuroplasticity to optimize neurodevelopmental trajectories across the lifespan []. Therefore, the second aim of this study was to explore the potential impact of dMBI-EP on offspring’s neuropsychological development.

Methods

Ethical Considerations

The study protocol underwent review and received approval from the Ethics Committee of Shandong University School of Nursing and Rehabilitation (2022-R-61). Informed consent was obtained from all participants in the study. The trial was registered at the Chinese Clinical Trial Registry (ChiCTR2200059598). All data and information from participants were strictly confidential and safeguarded. Participants were not paid for their participation in the study, except for small gifts such as baby and maternity tissues as a form of periodic incentive. All participants had access to free and convenient WeChat-based antenatal health consultations provided by trained assistants who were unaware of the study allocation. This study adhered to the standard guidelines for RCTs and is reported according to the CONSORT-EHEALTH (Consolidated Standards of Reporting Trials of Electronic and Mobile Health Interventions and Online Telehealth) guidelines for reporting eHealth and mHealth interventions ().

Study Design and Participant Eligibility

This study was a 2-arm RCT conducted with couples during pregnancy who attended routine obstetric examinations at the outpatient centers of a specialized hospital in Yinchuan City, Ningxia Hui Autonomous Region, from June 2022 to December 2023. Follow-up was completed in September 2024, with a total of 408 couples recruited for the study.

The inclusion criteria for pregnant women were as follows: (1) age ≥18 years, (2) singleton pregnancy, (3) expecting their first childbirth, (4) gestational age 12-20 weeks, (5) proficiency in reading and writing Chinese, and (6) no participation in any other psychological intervention or assignment to a waiting group. The exclusion criteria were as follows: (1) severe somatic or mental disorders before or during pregnancy, (2) serious comorbidities or complications during pregnancy, (3) long-term separation from their husband, and (4) previous experience with mindfulness and meditation practices (eg, yoga).

For partners, the inclusion criteria were: (1) age ≥18 years, (2) expecting their first child, (3) proficiency in reading and writing Chinese, (4) no participation in any other psychological interventions or assignment to a waiting group, and (5) identified by the pregnant woman as her current partner. The exclusion criteria for partners were: (1) severe somatic or mental disorders, (2) long-term separation from their wife, and (3) previous experience with mindfulness and meditation practices (eg, yoga).

In our initial research design, we planned to collect neonates’ feces within the first 48 hours after birth to analyze the potential impact of dMBI-EP on fetal gut microbiota. Consequently, pregnant women with HIV infection, hepatitis C infection, immunosuppressive diseases, or those who had undergone gastrointestinal surgery within the past 5 years (excluding cholecystectomy and appendectomy) were initially intended to be excluded. Nevertheless, due to insufficient project funding, we abandoned this part of the study and did not apply the corresponding exclusion criteria. Revocation of these exclusion criteria did not influence this study.

Sample Size

The sample size was calculated using G*Power (Heinrich Heine University Düsseldorf) software. Previous studies [,,] have shown a medium effect size for anxiety and depression after mindfulness interventions during pregnancy, while self-help interventions for these conditions yielded small to medium effects. Based on a medium effect size (Cohen d=0.50), a sample size of 128 was needed to achieve 80% power with a 2-sided P<.05. To account for a 20% attrition rate, 160 participants were recruited.

Procedures

Pregnant women between 12 and 20 weeks of gestation who attended routine prenatal check-ups with their partners were enrolled in the study (baseline, T1). Randomization was carried out using a computerized random number generator, with the numbers concealed and assigned sequentially to participants. Eligible couples who consented to participate were randomly assigned in a 1:1 ratio to either the intervention group (regular prenatal care plus mindfulness intervention) or the control group (regular prenatal care only).

The Intervention: dMBI-EP

Our intervention was implemented through a WeChat mini-program, titled “Mindfulness Brightens Pregnant Couples’ Moods.” The intervention program drew on the contents of mindfulness-based stress reduction [] and mindfulness-based childbirth and parenting []. A series of specific and targeted adjustments was made to ensure that the intervention components and procedures remained essentially unchanged. These modifications encompassed the following aspects: (1) based on previous research [], the intervention duration and number of modules were shortened to 6 weeks; (2) the characters were set as ordinary young Chinese couples, either in cartoon form or in real-life appearance; (3) the language was set as the widely used Mandarin Chinese; (4) animations were created to achieve visualization using appropriate pictures, symbols, diagrams, and metaphors consistent with the text content, and Chinese subtitles were included; and (5) considering the participation of couples from different ethnic groups, religious elements were carefully avoided in the character images, language, music, and animation presentations.

The dMBI-EP consists of six 1-week modules, each including a thematic session and 6 audio-guided home practice sessions. On the first day of each module, couples were required to watch an animated video, which was 12-20 minutes long. The video presented theoretical content related to mindfulness designed for couples, and some of the videos (covering all 6 weeks) included mindfulness practices demonstrated by our team members. Over the remaining 6 days of the week, couples were encouraged to engage in both formal (audio-guided) and informal mindfulness practices (with mindfulness practices integrated into daily activities) at home. Each module incorporated content related to the partner, which was presented not in isolation but based on the “commonalities, emotional bond, and interaction” with the pregnant woman, emphasizing the consensus, empathy, and collaboration between couples.

For example, in the thematic lessons, in the first week, we introduced “Prenatal Psychological Stress of Couples,” explaining its causes, symptoms, and negative impacts, and emphasized equal attention to the partners’ prenatal psychological stress. In the fourth week, parents were taught “How to Interact With the Fetus During Pregnancy,” including “Mindful Touching of Fetal Movement” and “Mindful Listening to the Fetal Heart With the Help of a Fetal Heart Monitor.” In the fifth week, “Mindful Stretching” and “Ice-Holding Exercise” were explained and demonstrated to the couple, requiring their cooperation. In the sixth week, the couple learned “Learning Mindful Eye Contact, Hugging, Listening/Speaking to Support Each Other.” This module aimed to integrate mindfulness into daily life, prompting couples to purposefully pay attention to, respond to, and be attuned to each other in their daily living.

In the audio-guided home practice section, there was detailed guidance on mindfulness exercises that specifically involved couple collaboration and interaction (). Couples were expected to study and practice together, and the mini-program tracked users’ logins and learning activities. While each partner’s mini-program was linked, couples shared one account for convenience, with the program asking them to confirm whether they were studying and practicing together. Researchers sent standardized WeChat reminders when the first day’s content of each module was unlocked: “Hello! Week X’s courses have been unlocked. Remember to attend classes and practice mindfulness with your partner daily during your free time.” The Coach Guiding sessions were held at the end of the second and sixth weeks, each lasting 15-20 minutes. Conducted as group WeChat video conferences led by project team personnel, these sessions included a Q&A to address participants’ questions, along with encouragement and sharing. The session at the end of the sixth week also included a summary. depicts the program outline, and presents a screenshot of the mini-program.

Outcomes

The primary outcomes were couples’ psychological stress response symptoms during pregnancy, including depression, anxiety, and perceived stress, assessed at baseline (12-20 weeks of gestation, T1), within 2 weeks of completion of the intervention (approximately 20-28 weeks of gestation, T2), and 6 weeks post partum (T3). Secondary outcomes included other psychological outcomes of couples (including fatigue, sleep issues, prenatal attachment, and perceived partner responsiveness) at T1 and T2, and infant neuropsychological development assessed by wives at T3.

Measures

The Edinburgh Postpartum Depression Scale (EPDS) [] consists of 10 items, each scored on a 4-point scale (0-3), with total scores ranging from 0 to 30. Higher scores indicate more severe symptoms. A sum score of 9 or higher is used to screen for mild or possible depression symptoms []. It is a validated tool for assessing prenatal depression [], including the Chinese version [].

The 7-item Generalized Anxiety Disorder Questionnaire (GAD-7) [] is a widely used tool, applicable to clinical practice and research. Each item is scored on a scale from 0 to 3, and the total scores range from 0 to 21, with higher scores signifying greater anxiety levels. A score of 5 or higher on the GAD-7 may indicate possible anxiety symptoms []. The Chinese version of the GAD-7 has shown good psychometric properties [].

The 10-item Perceived Stress Scale (PSS-10) [] is scored on a scale from 0 to 4 for each item, with total scores ranging from 0 to 40. Higher scores reflect higher perceived stress. A score of 14 or above suggests moderate to high levels of perceived stress []. The Chinese version has shown reliability and validity [].

The Chalder Fatigue Scale, which was used to assess the severity of physical and mental fatigue [], consists of 14 items. Each item has 2 response options (yes or no), and the scale yields total scores ranging from 0 to 14. Higher scores indicate higher chronic fatigue levels. The Chinese version of the Chalder Fatigue Scale-14 has demonstrated satisfactory reliability and validity [].

We used the 8-item Athens Insomnia Scale (AIS) to assess sleep problems. This validated instrument quantifies sleep difficulties according to the International Classification of Diseases, 10th Revision diagnostic criteria []. The AIS is rated on a 0-3 scale, and total scores range from 0 to 24, with higher scores indicating poorer sleep quality. The Chinese AIS version has also been shown to be reliable and valid [].

The 12-item Perceived Partner Responsiveness Scale [] was used to assess marital intimacy. Each item is rated on a 7-point Likert scale (1-7). The average of all 12 items should be calculated, with higher scores indicating greater perceived partner responsiveness by the respondent. In terms of shared experiences and coping with stress, this scale may be more applicable than one-way relationship measurement instruments []. The Chinese version of the Perceived Partner Responsiveness Scale is a valid and reliable tool for measuring adult partners’ intimate relationships [].

The 20-item Five Facet Mindfulness Questionnaire [] was used to assess mindfulness level. Each item can be rated on a 1-5 scale, from “strongly disagree” to “strongly agree.” The total score ranges from 20 to 100, and higher scores indicate higher mindfulness level.

Parental bonding to the fetus was measured using the Maternal Antenatal Attachment Scale/Paternal Antenatal Attachment Scale (MAAS/PAAS) [,]. The MAAS comprises 19 items, while the PAAS contains 16 items. All items in the MAAS/PAAS are rated on a 5-point Likert scale (1-5). Consequently, the total scores of the MAAS range from 19 to 95, while those of the PAAS range from 16 to 80. Higher scores indicate a higher level of bonding with the fetus. The Chinese versions of MAAS and PAAS are valid and reliable tools for measuring parental bonding to the fetus [,].

Infants’ neuropsychological development was measured using the Age and Stages Questionnaire–Third Edition []. The assessment consists of 30 items rated on a 3-point Likert scale, covering 5 domains that evaluate the development of key functional areas in infants: communication, gross motor, fine motor, problem-solving, and personal-social. For each domain, the total score ranges from 0 to 60, with lower scores indicating poorer developmental behaviors.

Infant temperament was measured using the Early Infancy Temperament Questionnaire [,]. This 76-item, 9-dimension parent questionnaire is designed to evaluate temperament characteristics in infants aged 1-4 months. The 9 dimensions include activity level, rhythmicity, approach, intensity of reaction, quality of mood, attention span, distractibility, threshold of reaction, and adaptability. Each item is rated on a 6-point frequency scale, ranging from “almost never” to “almost always.” Higher scores on each dimension indicate greater activity, irregular rhythm, easier withdrawal, stronger reactions, a more negative mood, shorter persistence, greater distractibility, a lower reaction threshold, and slower adaptation, indicating a more negative infant temperament and greater caretaking difficulty [].

Demographic Characteristics, Pregnancy Conditions, and Neonatal Outcomes

The sociodemographic questionnaire covered age, ethnic group, education level, residence, monthly family income, whether the couple resided together, whether the pregnancy was planned, and specific pregnancy-related details of the pregnant woman, such as gestational age, adverse pregnancy history (including abortion or induced labor), and prenatal complications (eg, anemia, subhypothyroidism, gestational diabetes, pregnancy-induced hypertension, gestational heart disease, threatened abortion, and placenta previa). Neonatal outcome information, including birth weight and gestational age at delivery, was obtained by interviewing the parents post partum.

Collection of Outcome Data

The outcome data were collected using paper-based and electronic questionnaires. The baseline assessment was mainly conducted using paper-based questionnaires. During subsequent assessments, we sent electronic questionnaire links using the WenjuanXing platform through WeChat. For participants who preferred not to complete the electronic version, supplementary paper questionnaires with identical content were made available.

Adherence

Module completion was defined as completing at least 1 thematic session and 3 of the 6 formal practice sessions per week. Intervention compliance was defined as completing at least 3 modules, including video courses and home practices. The WeChat mini-program supported participants’ daily learning and formal practice. The intervention completion rate was calculated as the proportion of participants who completed the intervention among those in the intervention group.

Statistical Analysis

Data were expressed as mean (SD), n (%), and 95% CI. A series of chi-square tests, Fisher exact tests, and 2-tailed t tests were performed to assess demographic differences between the intervention and control groups. Linear regression analysis was used to assess the relationship between the frequency of mindfulness learning, practice time, and psychological distress indices. A generalized estimated equation (GEE) was used to assess the impact of the intervention on psychological stress responses. An independent-samples t test was used to examine the effect of the intervention on the infants’ neuropsychological development. The false discovery rate with Benjamini-Hochberg correction was used to adjust the P values.

Our RCT analysis adhered to the intention-to-treat principle. All randomly assigned participants were included in the final statistical analysis to minimize bias caused by dropouts or insufficient compliance. The GEE can handle correlation issues in longitudinal follow-up data and, to some extent, enables robust estimation with missing outcome data. In this study, there were no missing baseline outcome variables; therefore, all participants were included in the analysis. For individual missing cases during the follow-up period, the GEE method could still perform effective estimation, thus ensuring the robustness of the results.

We conducted a partial correlation analysis to explore the relationship between infant temperament dimensions and parental psychological distress at T2 while controlling for T1 distress. Using the SPSS PROCESS plugin (Model 4; IBM Corp), we examined whether the intervention affected infants’ neuropsychological development by mitigating couples’ psychological distress during pregnancy. The bias-corrected nonparametric percentile bootstrapping method (n=5000) was used to test the significance of the mediation effect, with a 95% CI not including 0 indicating a significant mediation effect. As the mediation analysis was exploratory, no correction for multiplicity was performed.

Results

Sample Characteristics

We initially approached 408 pregnant couples between 12 and 20 weeks of gestation and obtained a final sample of 160 couples (). Among the 160 couples, 141 (88.1%) completed the assessment after the intervention (T2), and 2 couples (one each from the intervention and control groups) were lost to follow-up. In addition, 17 individuals (wives or husbands) from different couples were lost to follow-up. Specifically, 2 wives and 5 husbands dropped out of the intervention group, whereas 6 wives and 8 husbands dropped out of the control group. The overall dropout rate was 5% (8/160) for wives and 8.13% (13/160) for husbands.

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At T3, 117 (73.1%) couples completed the assessment. In total, 16 couples dropped out of the intervention group and 19 dropped out of the control group. In addition, 8 individuals (wives or husbands) from different couples were lost to follow-up. Specifically, 18 wives and 17 husbands dropped out of the intervention group, whereas 23 wives and 20 husbands dropped out of the control group. This resulted in an overall dropout rate of 25.6% (41/160) for wives and 23.1% (37/160) for husbands.

presents the sample characteristics at baseline (T1). Pregnant women’s mean age was 26.89 (SD 2.78) years, and the mean gestational age was approximately 14.11 (SD 2.55) weeks. Partners’ mean age was 29.01 (SD 3.21) years. There were no single pregnant women among the participants. The mean gestational age at delivery was 38.92 (SD 1.48) weeks, and the mean infant birth weight was 3261.68 (SD 465.71) grams.

In addition, the findings revealed that among 160 couples, at least 1 partner in 148 (92.5%) couples tested positive for at least 1 of the 3 primary outcomes (EPDS≥9 [], GAD-7≥5 [], and PSS-10≥14 []). Specifically, 134 (83.8%) wives and 106 (66.3%) husbands tested positive for at least 1 of these 3 outcomes ().

As shown in and , there were no statistically significant differences in the distribution of treatment allocation, general demographic data, and baseline psychological distress indicators between dropout and nondropout samples of pregnant women and partners at T2 and T3 (P>.05). For partners, there were no statistically significant differences in the distribution of all baseline psychological outcomes and mindfulness levels between the dropout and nondropout samples at T2 and T3 (P>.05). However, pregnant women who dropped out at T2 had higher mindfulness and maternal-fetal bonding levels than those who remained.

Adherence

In the intervention group, 45 (56.25%) couples completed theme courses for at least 3 modules, but only 37 (46.25%) completed theme courses and formal home exercises for 3 weeks or more, meeting the compliance criteria for this study. Specifically, pregnant women completed the theme courses and home exercises for an average of 3.36 (SD 2.28) weeks and 2.41 (SD 2.23) weeks, respectively, and an average of 15.09 (SD 12.23) sessions in total (range 0-42 sessions), while partners completed them for an average of 3.08 (SD 2.31) weeks and 1.85 (SD 1.87) weeks, respectively, and an average of 12.50 (SD 11.32) sessions in total (range 0-41 sessions). A total of 41 (51.25%) pregnant women and 37 (46.25%) partners met the study compliance criteria. Approximately 74 (92.75%) couples received the first coaching guidance session, and 43 (53.75%) received the second session.

Considering that the frequency of learning and practice may affect the psychological stress response and mindfulness levels, we conducted a series of linear regression analyses. The results revealed that the total number of class sessions for learning mindfulness and formal home practice was not significantly associated with psychological outcomes or mindfulness levels at T2 (in all analyzed models, P>.05, and the 95% CI for the regression coefficient included 0) ().

Effectiveness on Primary Outcomes

As shown in and , the results for pregnant women indicated a significant time×group interaction for symptoms of depression (Wald χ²₁=10.1; q=.002) and perceived stress (Wald χ²₁=18.6; q<.001). Changes in depression and perceived stress symptoms from preintervention to postintervention differed significantly between the intervention and control groups. In the intervention group, depression and perceived stress symptoms at T2 were significantly lower compared with the control group, with Cohen d values of 0.49 and 0.67, respectively. The outcomes imply an nonsignificant time×group interaction for symptoms of anxiety (Wald χ²₁=2.5; q=.11). Nevertheless, the anxiety levels of pregnant women in the intervention group were lower than those of pregnant women in the control group.

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For partners, the results indicated a significant time×group interaction for symptoms of depression (Wald χ²₁=9.6; q=.006). Changes in depressive symptoms from preintervention to postintervention differed significantly between the intervention and control groups. Depression symptoms at T2 were significantly lower in the intervention group than in the control group with Cohen d=0.38. The results also showed a nonsignificant time×group interaction for symptoms of anxiety (Wald χ²₁=0.7; q=.42) and perceived stress (Wald χ²₁=1.8; q=.26). Changes in anxiety and perceived stress symptoms did not differ significantly between the intervention and control groups from preintervention to postintervention.

Effectiveness on Secondary Outcomes

Postpartum Psychological Distress

The results for wives at 6 weeks post partum (T3) revealed a significant time×group interaction for symptoms of depression (Wald χ²₁=13.5; q=.002) and perceived stress (Wald χ²₁=8.6; q=.01). For husbands, the results indicated a significant time×group interaction for symptoms of depression (Wald χ²₁=13.2; q=.002). However, regarding anxiety, neither wives (Wald χ²₁=1.8; q=.26) nor husbands (Wald χ²₁=2.2; q=.24) had a significant time×group interaction. Nevertheless, in the intervention group, parental anxiety levels and perceived parental stress at T3 were significantly lower than in the control group ().

Other Psychological Outcomes

Our findings also showed a significant time×group interaction for symptoms of sleep problems (Wald χ²₁=6.0; q=.045), fatigue (Wald χ²₁=5.7; q=.045), and perceived partner responsiveness (Wald χ²₁=12.7; q=.003) among pregnant women at T2 (). However, no such effect was observed for partners.

Mindfulness Level

Our findings showed a significant time×group interaction for mindfulness level at T2 among pregnant women (Wald χ²₁=13.6; P<.001) and partners (Wald χ²₁=4.7; P=.03) ().

Infant Neuropsychological Development

The independent-samples t test results indicated that the average scores of the infants’ activity level (t₁₂₂=3.845; q <.001), approach (t₁₂₂=2.330, q=.049), intensity of reaction (t₁₂₂=3.398; q=.004), quality of mood (t₁₂₂=5.124; q<.001), distractibility (t₁₂₂=4.087; q<.001), and adaptability (t₁₂₂=3.138; q=.006) in the control group were statistically significantly higher than those in the intervention group, and the Cohen d values ranged from 0.42 to 0.92. However, no significant differences were found in the development of the 5 functional areas (communication, gross motor, fine motor, problem-solving, and personal-social) of infants (all q>.05) ().

Mediation Analysis

The 6 types of infants’ temperament scores (activity level, approach, adaptability, intensity of reaction, quality of mood, and distractibility) at 6 weeks in the intervention group were significantly lower than those in the control group. Therefore, we conducted a partial correlation analysis to explore the relationship between infants’ 6 types of temperament and parental psychological distress at T2, adjusting for psychological distress at T1.

The infants’ approach at T3 was positively related with maternal depressive symptoms (r=0.237; P=.01) and perceived stress (r=0.239; P=.01) at T2. Similarly, adaptability was positively associated with maternal depression (r=0.228; P=.01) and perceived stress (r=0.235; P=.01), intensity of reaction was positively associated with maternal depression (r=0.219; P=.02) and perceived stress (r=0.316; P=.001), quality of mood was positively associated with maternal depression symptoms (r=0.247; P=.007) and perceived stress (r=0.345; P<.001), and distractibility was positively correlated with maternal depression symptoms (r=0.254; P=.006) and perceived stress (r=0.318; P<.001). However, all 6 types of infant temperament were unrelated to paternal psychological distress at T2 (P>.05; ).

Based on the partial correlation results, we tested 10 mediation models, examining the indirect effect of treatment allocation (0=control group and 1=intervention group) on infant approach, intensity of reaction, quality of mood, distractibility, and adaptability through maternal depressive and perceived stress symptoms at T2. The mediating effect analysis showed that treatment allocation positively predicted maternal perceived stress at T2, and maternal perceived stress positively predicted infant approach, intensity of reaction, quality of mood, and distractibility (P<.05) (). Bootstrap tests indicated that maternal perceived stress at T2 mediated the relationship between treatment allocation and infant approach (indirect effect=–0.148, 95% CI –0.324 to –0.006), intensity of reaction (indirect effect=–0.200, 95% CI –0.413 to –0.035), quality of mood (indirect effect=–0.122, 95% CI –0.250 to –0.020), and distractibility (indirect effect=–0.149, 95% CI –0.289 to –0.030), with all mediating effects reaching statistical significance ().

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Discussion

Primary Findings

Leveraging the convenience, accessibility, and flexibility of the WeChat mini-program, this study explored a moderately practical and effective approach to delivering psychological interventions for parental health. This holds particular significance in northwest China, where mental health resources are relatively scarce and economic and cultural development remains relatively constrained. Our findings indicated that couples who participated in the dMBI-EP experienced reduced psychological distress levels, as evidenced by lower average levels of depression and perceived stress compared with those in the control group post intervention. Moreover, the digital MBI appeared to have a ripple effect, contributing to infant temperament development at 6 weeks.

This study used a preventive intervention approach that achieved a small-to-medium effect on couples’ psychological distress and mindfulness levels. A systematic review and meta-analysis [] published in 2023 indicated that the effect size of digital MBIs in reducing the psychological stress responses of pregnant women was small to medium. In terms of specific psychological metrics, the dMBI-EP most significantly affected depression in couples and more extensively affected pregnant women’s psychology, as it covered areas such as perceived stress, sleep, fatigue, and perceived partner responsiveness, in addition to depression, with less evident effects on these aspects in partners. However, this intervention had no significant impact on the parents’ general anxiety disorder symptoms. This differs from an earlier study on pregnant women with high anxiety symptoms (GAD-7≥10) []. Because our participants (especially husbands) had low baseline GAD-7 scores, we presume that our nonsignificant results may be associated with a floor effect, as there was little room for their anxiety to change.

Previous studies on couples’ interventions during pregnancy have yielded mixed results. In the Netherlands, a universal psychoeducational program for couples failed to reduce psychological distress or improve caregiving quality []. In contrast, a Korean couple-centered antenatal education program effectively decreased maternal prenatal depression and stress while enhancing parent–fetal attachment []. In the United Kingdom, a brief 4-week Mindfulness-Based Childbirth and Parenting program implemented within the National Health Service as a nonrandomized intervention demonstrated broader benefits; pregnant women showed reduced anxiety, depression, and pregnancy-related distress, whereas their partners exhibited decreased anxiety and depression, with potential stress reduction []. Another randomized intervention study from the United States found that the 4-week Mindful Transition to Parenthood Program significantly improved partners’ relationship satisfaction, mindfulness, and negative emotions with a medium-to-large effect size. However, for pregnant women, the program had no significant effect on any variable []. Systematic reviews and meta-analyses [,,] have suggested that mindfulness interventions (including digital mindfulness interventions) during pregnancy may improve maternal prepartum and postpartum depression, anxiety, and stress, although their effects on husbands remain unclear. This study extends these findings by suggesting that mindfulness-based couple interventions could potentially produce both short- and long-term benefits for couples. However, the intervention had a greater effect on maternal psychological distress and other psychological outcomes (including sleep problems, fatigue, and perceived partner responsiveness) prepartum and postpartum, whereas its impact on paternal psychological distress was limited. One possible reason is that, in this study, husbands had milder baseline psychological stress responses than wives. However, even with relatively low baseline distress levels, husbands potentially benefited from the intervention. This may indicate the beneficial nature of our intervention and suggest the value of further improving and promoting it.

In addition, differences in the degree of participation in the interventions may account for this discrepancy. First, husbands may face a more acute shortage of time for the intervention than pregnant women. This can be attributed to the fact that husbands often face increased financial responsibilities and are generally less likely to receive work exemptions during pregnancy and the postpartum period. In contrast, some pregnant women may stop working for various reasons []. Based on the baseline results of this study, 78.8% of wives and 98.8% of husbands were employed. This is consistent with a study conducted in another province of China, which showed that the proportion of employed pregnant women was lower than that of their partners (72.2% vs 95.3%) []. Second, husbands often find it difficult to step into the role due to their inability to experience the same physical changes firsthand as pregnant women do [], and the deep-rooted influence of traditional gender norms and stereotypes makes them perceive themselves often as playing a subsidiary role during pregnancy, viewing themselves primarily as providers, caregivers, protectors, and companions rather than central figures [,]. Some men believe that “pregnancy and childbirth are primarily the affairs of wives” or that “their presence in the experience was not acknowledged” and view themselves as “powerless,” “unimportant,” or “outsiders” [,]. Consequently, their motivation to participate in prenatal interventions is relatively low. Finally, the attractiveness of our intervention for husbands may be a concern. For a long time, husbands’ physical and psychological needs have seldom been addressed. This, in turn, has led to a widespread lack of understanding and targeted support []. Many existing prenatal health care service programs have also made fathers feel “alienated” []. This suggests that existing intervention measures should be improved based on further research on husbands (such as barriers to participating in the intervention and intervention preference) to align more closely with their concerns and needs.

Secondary Findings

Duration of Learning and Practice and Outcome Improvement

The results of this study also revealed that the total number of class sessions on learning mindfulness and formal home practice was not significantly associated with parental psychological distress and mindfulness at T2. Research findings on the relationship between mindfulness practice frequency and intervention outcomes have been inconsistent. Some evidence shows a small yet significant association between practice and outcomes []. However, other evidence indicates that neither practice duration nor the frequency of practice days correlates with outcome improvements []. Our results support this hypothesis. The possible reasons for this irrelevance are as follows: first, the core factor contributing to the effectiveness of the intervention may not be the learning duration. Instead, elements such as intervention content and practice quality play a role [], as everyone differs in learning input, comprehension, and the quality of their learning, all of which influence outcomes. Second, the distribution of the intervention content in terms of class hours was uneven, and there were differences in content density and course rhythm among the different course types and practice items. Third, informal mindfulness practice was not recorded because it might have been difficult to quantify and report accurately. However, compared to formal practice, informal mindfulness practice is brief and easy to implement. It represents an individualized way of developing a mindful state and integrating it into daily life [,], and has been proven to be more closely associated with improvements in intervention outcomes than formal practices [,]. Fourth, the recorded individual learning durations of some participants were based on the co-learning records of couples, which may have been inaccurate.

Interestingly, pregnant women who dropped out at T2 demonstrated higher baseline levels of mindfulness and maternal–fetal attachment. This could imply that these participants had already internalized basic mindfulness techniques and that the intervention might not have offered sufficient depth or challenges to keep them engaged. Future interventions should consider incorporating tiered or advanced content to maintain the interest and engagement of participants with varying levels of mindfulness experience.

The Ripple effect of dMBI-EP on Infant’s Neuropsychological Development

Our dMBI-EP seemingly exhibited a ripple effect on infant neuropsychological development at 6 weeks, influencing various dimensions such as activity, approach, intensity of reaction, quality of mood, distractibility, and adaptability, and presented a medium-to-large effect size. Moreover, the effects on the infants’ approach, intensity of reaction, quality of mood, and distractibility were mediated by reductions in maternal perceived stress symptoms at T2. These findings align with previous research indicating that maternal mindfulness during pregnancy can shape certain aspects of infant temperament, primarily through the reduction of maternal psychological distress [,]. Notably, given that both infants’ temperament and mothers’ psychological status can affect mother–infant interaction and bonding, which in turn influences mothers’ perception of their infants [,], and considering that our infant temperament results are solely based on mothers’ reports rather than objective measurements, it is difficult to distinguish the impact of confounding factors on our intervention results. However, the effect size of our intervention on infant temperament reached a medium-to-large magnitude. This suggests that the intervention likely had a tangible impact on the offspring despite potential reporting bias.

Our analysis revealed minimal evidence that MBIs improve infants’ neuropsychological development by alleviating the psychological distress of husbands. This finding may be attributable to several factors. First, the intervention demonstrated weaker effects in reducing psychological distress in husbands than in wives, potentially diminishing its downstream impact on infant outcomes. Second, given the fetus’s uterine development, paternal psychological states during pregnancy likely exert a limited direct physiological influence on fetal neurodevelopment. This mechanistic limitation is corroborated by observational studies showing consistent and robust associations between maternal prenatal distress and infant neuropsychological impairments [], whereas investigations of paternal distress have yielded mixed findings. An American study showed that prenatal paternal stress predicts infant parasympathetic functioning at 7 months []. A birth cohort study in the Taiwan region of China found that prenatal paternal depression was associated with offspring tic disorders, developmental delays, developmental speech or language disorders, and developmental coordination disorder []. However, a United Kingdom study based on the Avon Longitudinal Study of Parents and Children population cohort found that paternal antenatal depression was not associated with an increased risk of anxiety []. A study in Norway found no evidence that paternal prenatal depressive symptoms could predict behavioral problems in children []. This study, which used an RCT design, revealed that reducing husbands’ prenatal psychological distress had a negligible impact on infants’ neurodevelopment, thus adding new evidence to this research field.

Limitations

This study has several limitations. First, it was conducted at a single specialized hospital in Northwest China. The participants might have had relatively lower educational attainment and income level than those in Eastern China, which limits the generalizability of the findings to more diverse populations or regions with varying health care infrastructures. Second, this study relied on self-reports, which may have introduced subjective bias. Participants might have been influenced by social desirability, memory bias, or emotional states, potentially distorting the data. This could undermine the reliability of the results and warrants caution when interpreting our findings. Future work could assess the efficacy of dMBI-EP using diagnostic assessments and objective biological measurements for a more comprehensive clinical evaluation. Third, 38.0% (155/408) of the couples approached (one or both parties) declined to participate. As the mental health status of the participants who refused was not evaluated, we could not confirm the differences between those who refused and those who agreed to participate in this study’s population. This potential limitation may have affected the interpretation and generalizability of the findings. Fourth, although our original intention was to conduct a universal preventive intervention (ie, enroll all participants regardless of their baseline psychological distress status), only 12 (7.5%) couples had both parties testing negative for all 3 primary outcomes. Instead, this study ultimately included a high proportion of couples in which at least 1 partner had actual psychological distress and required timely intervention, achieving a natural enrichment of populations with a high need for psychological distress support. This outcome may be attributed to the high-stress recruitment setting for pregnant couples in the real world, coupled with self-selection bias among study participants, making it difficult for the sample to represent the general population and limiting the generalizability of the results. Fifth, intervention compliance was lower than ideal, especially among husbands. Such a shortcoming is relatively common in electronic interventions, particularly those that are “father-inclusive” []. Compliance regarding the “Coach Guiding” part was especially poor because participants had no unified available time and were generally not accustomed to joining strangers’ WeChat groups for relatively private discussions and sharing. This was highly unfavorable for promoting coaching in the form of WeChat group video conferences. Therefore, we had no choice but to provide guidance to participants through one-on-one online or face-to-face means; we also summarized the learning experiences of active sharers and disseminated them in the form of pictures and texts using WeChat.

Conclusions

This RCT suggests that the dMBI-EP may have reduced psychological distress scores in couples, with potentially sustained benefits extending into the early postpartum period. More pronounced effects of the intervention were observed on maternal mental health, which might have mediated the positive influence of the intervention on multiple domains of infant neuropsychological development. Our findings tentatively contribute to the field in 3 ways. First, they provide empirical support for digital couple interventions as a promising approach to reducing perinatal mental health disparities, particularly in resource-limited settings. Second, they support and expand the “fetal programming” hypothesis by demonstrating maternal psychological states during pregnancy as modifiable factors that are likely to shape infant neuropsychological development. Finally, the findings highlight the significance of implementing interventions for couples and suggest the necessity of continuously and constructively exploring modes and methods of father-inclusive mental health interventions.

CONTEXT

Prudent economic policies have achieved important successes. A reduction in the budget deficit from 4.7 percent of GDP in 2024 to a projected 3.6 percent of GDP this year, reflecting mostly continued expenditure restraint and improved tax compliance and administration has helped curb aggregate demand.[1] Inflation has gradually declined, from 49 percent in September 2024 to 33 in October 2025, and positive real policy rates, even after recent rate cuts, have maintained confidence in the lira. Growth reached 3.6 percent in 2025:H1, buoyed by earthquake reconstruction and a wealth effect from high gold prices.  The current account deficit was 1.7 percent of GDP in the four quarters to 2024:Q2, after 1.3 percent in the year to 2025:Q2, and it remains well-funded; gross international reserves reached US$184 billion  October 31. The financial system has stayed healthy.

But still-high inflation leaves the economy vulnerable and carries costs. The longer it takes to reanchor inflation expectations at a low level as envisaged by the CBRT, the higher the likelihood of a shock that refuels inflation, jeopardizing growth and financial stability. Furthermore, as the period of adjustment lengthens, reform fatigue may grow and inflation expectations may level or rise again, necessitating larger policy adjustments—with higher associated short-term growth costs to reach targets. At the same time, elevated inflation undermines financial sector deepening and general market efficiency, as shown by falling maturities for bank lending and the growing gap between corporate and SME profitability. It also adds to income and wealth disparities, including and asset price appreciation that disproportionately benefits high-income households.

OUTLOOK AND RISKS

The forecast envisages a smaller fiscal consolidation in 2026, which would loosen the overall policy mix. Based on announced policies and assuming continued revenue strength and expenditure restraint, the 2026 fiscal forecast projects the fiscal deficit at 3.7 percent of GDP, which is equivalent to a slightly negative cash fiscal impulse. In line with market expectations, monetary policy is expected to remain contractionary: interest rate cuts are expected to continue, but falling inflation expectations will support positive ex ante real rates around the current level while quantitative measures should remain in place, dampening monetary easing. Price and incomes policies are expected to be close to CPI inflation. Finally, as noted in the October 2025 WEO, energy prices are assumed to be stable and external demand to remain relatively subdued.

In the near term, GDP growth is expected to remain solid and inflation should continue to fall gradually. A sequential moderation in the second half would bring 2025 growth to around 3.5 percent. Falling policy rates and a less contractionary fiscal stance would support demand in 2026, with resulting stronger investment and consumption pushing growth to 3.7 percent. Inflation at end-2025 is forecast at 33 percent, above the CBRT target of 24 percent.  Looking ahead, moderate wage growth and, as inflation falls, waning inertia will gradually bring down inflation. But an economy operating close to full capacity will slow this process and unfavorable recent inflation readings could indicate that current policies may not be tight enough to support further disinflation. Headline CPI inflation is thus estimated to reach 22 percent at end-2026. Boosted by midyear tourism receipts, the current account deficit would be around 1.4 percent of GDP in 2025, and remain at a similar level in 2026. Sustained depositor confidence and still-strong gold prices would allow continued modest reserves accumulation.

Inflation is projected to remain in double digits, and economic growth to fall short of its potential. Inflation would further decline, but stay double digits in the medium term. At such elevated levels, inflation weigh on investment and productivity, keeping GDP growth around 3.7 percent, below its pre-GFC trend. Benign commodity prices and external financial conditions are expected to keep the current account deficit moderate, but dollarization would remain high.

Risks have receded since last year, though they are still tilted to the downside. With demand strong and inflation expectations still not anchored completely, a shock—to energy prices, the exchange rate, or global risk aversion—could raise inflation expectations and spark higher inflation. A shift in domestic depositor behavior, particularly a shift toward gold or alternative assets, difficulties rolling over rising foreign exchange (FX) corporate debt, remain key vulnerabilities. Consumption could be affected by a gold price correction. The outlook also remains exposed to geopolitical shocks, a slowdown in tourist arrivals, or weak European growth. Trade risks, however, appear balanced, with limited direct exports to the U.S. and potential gains from trade diversion. On the upside, slowing growth could reduce price pressures more than expected, and rent increases may now have run their course, which would bring inflation down more quickly.

PUTTING TÜRKIYE ON A LOWER-RISK AND HIGHER GROWTH PATH

Additional policy effort is needed to bring inflation in line with the CBRT’s targets and strengthen resilience to shocks. Announcing and implementing a decisive and coordinated shift to tighter policies would help rebuild confidence and set inflation expectations on a clear downward path. Building on this year’s fiscal consolidation will be key and should be supported by higher real policy rates, greater exchange rate flexibility, and prudent incomes policies. This, together with a stronger social safety net, would offset the costs of prolonged high inflation on the economy and firmly place Türkiye on a more resilient and robust trajectory.

A lower-risk and higher-growth trajectory, however, would require tolerating short-term growth costs. Given that sacrifice ratios (i.e., magnitudes of output contraction needed to achieve disinflation) tend to rise as inflation falls, further demand compression will be necessary to bring inflation to the CBRT’s targets. The higher growth cost from tighter policies and rapid disinflation would be offset by a reduction in vulnerabilities and a sustainable convergence to Türkiye’s higher pre-COVID 2005–20 growth trajectory. Structural policies could help lower growth costs while reigniting productivity growth and reducing external vulnerabilities.

FISCAL POLICY

Accelerating disinflation and reducing risks will require continuing this year’s welcome fiscal consolidation. Fiscal measures above the baseline of around 1 percent of GDP in 2026 and 0.6 percent in 2027, along with lower interest payments, would reduce the fiscal deficit to 2.6 and 1.8 percent of GDP, respectively. This would lower domestic demand pressures, reinforcing tighter monetary and incomes policies. Revenue measures will be essential, including rationalizing generous corporate tax expenditures and incentives, simplifying the VAT structure by harmonizing rates across a broader base, and further improving tax compliance through digitalization, increased audits, and better coordination among revenue agencies. Expenditure cuts, such as phasing out energy subsidies while protecting vulnerable households and slowing absorption of non-essential capital spending, should also play a role. To minimize second round effects on inflation, noninflationary measures should be implemented first, while subsidy and VAT reforms could wait, in the context of strong implementation of the recommended tighter package of fiscal and monetary policies, until durable disinflation is underway. Recent reforms to reduce government contributions to the pension scheme are a step in the right direction, and ongoing initiatives to improve management of SOEs and PPPs should be continued.

Resources could be reallocated toward social goals. As inflation stabilizes, the deficit should return to the authorities’ 3 percent of GDP medium-term target, which remains appropriate given Türkiye’s low and sustainable level of public debt. Lower inflation and interest payments, as well as higher revenue from measures taken in 2026–27, would open around 1 percent of GDP in fiscal space that could be directed toward social priorities offsetting the increase in the cost of living that has disproportionately affected the poor. These could include cash transfers to vulnerable households, taking advantage of Türkiye’s strong targeting system, and changes to taxes and subsidies that would remove obstacles to greater labor force participation, particularly for women.

MONETARY AND EXCHANGE RATE POLICIES

Türkiye’s monetary policy framework has achieved important successes. Along with the policy rate, the current framework relies on quantitative tools such as credit growth ceilings and dedollarization targets, as well as exchange rate intervention. This flexible framework has brought down inflation without jeopardizing financial stability, and has allowed rapid responses to shocks. Moreover, the CBRT recently introduced a welcome distinction between inflation forecasts and targets, effectively introducing a nominal anchor. Building on this, CBRT communications now acknowledge the deterioration in sequential inflation outcomes and have appropriately signaled hawkishness, thus improving policy predictability.

Nonetheless, the context is challenging, and the use of multiple tools complicates CBRT communications and inflation expectations formation. Low corporate and household leverage and easy substitution into FX and, for large companies, borrowing from abroad, weaken monetary policy traction. Moreover, the effect of currency appreciation on inflation is reduced by high and sticky services inflation. Quantitative tools have supported disinflation, but they are less transparent than policy rates, they can potentially send conflicting signals, and they generate uncertainty about the CBRT’s potential response to shocks. This blurs the monetary stance and hinders communication, complicating loan pricing and expectations formation.

Achieving the CBRT’s inflation targets requires higher real rates, complemented by a framework firmly centered on the policy rate.

• Sequential inflation above levels consistent with CBRT’s targets, still-strong credit growth, and resilient aggregate demand warrant a higher real policy rate trajectory. This could be achieved by returning the policy rate to mid-2025 levels and postponing rate cuts until sequential inflation is consistent with CBRT targets.
• Dedollarization targets weaken interest rate transmission and credit growth ceilings distort bank portfolios, including by exempting credit cards, which have boosted consumption growth and inflation. They should be phased out before reducing the policy rate.
• Going forward, communication should aim at clearly explaining triggers for rate action. This will help to reanchor expectations.
• Reforms to protect central bank independence would also improve policy predictability and credibility.

Exchange rate policy should focus on smoothing excessive volatility that could dislodge inflation expectations. Foreign exchange intervention (FXI) has helped smooth lira volatility and respond to shocks that could destabilize inflation, but a sustained period of lira strength will eventually raise the risk of overvaluation and sudden adjustments. Macro adjustment aimed at bringing down inflation will reduce the need for FXI by helping reanchor inflation expectations. As this occurs and as reserve buffers recover, greater lira flexibility should be allowed. If high rates attract speculative inflows, reserve accumulation ceilings can add volatility, reduce carry trade attractiveness, and strengthen buffers.

INCOMIE POLICIES

Fully aligning wage and price setting with the disinflation strategy will reduce inflation inertia. Backward-looking indexation in wage setting at all levels , including of public sector wages, contributes to inertia and is thus an obstacle to disinflation; this should be phased out in favor of adjustments in line with forecast inflation. Regulated and administered prices (including public service tariffs) should be aligned in a forward-looking manner with underlying costs, avoiding one-off catch-up adjustments.

FINANCIAL POLICIES

The financial sector remains healthy, and the authorities have shown the ability to act swiftly and forcefully in the event of market stress. Banking sector profitability has declined from peak levels but remains in line with historical performance. Capital ratios and liquidity buffers remain adequate, and nonperforming loans, though rising, are appropriately provisioned. The share of FX deposits appears to have stabilized, and the authorities have skillfully phased out FX-protected deposits (so-called KKMs). Following financial market stress in March, the CBRT relaxed liquidity buffers, swiftly restoring financial stability and reassuring markets of the effectiveness of its policy toolkit.

While risks are broadly lower, FX liquidity risks need to be monitored. These risks stem from high dollarization and rising corporate FX indebtedness. At the same time, the level of gross reserves remains below the Fund’s reserve adequacy metric. Policy rates high enough to bring inflation down would also help contain FX demand, and the CBRT should continue to ensure that FX reserve requirements are set commensurate with potential risks. While appropriate for the time being, FX surrender requirements can be eased cautiously as FX liquidity conditions and inflation expectations improve, but lira short-selling restrictions should remain in place until broader financial liberalization is achieved.

The authorities should build on recent progress to strengthen supervisory frameworks. Recent changes to risk weights bring the supervisory framework closer to Basel standards and improvements to onsite supervision are welcome, and the authorities should continue to recognize and address credit and systemic FX liquidity risks. Banks calculate capital adequacy under market rates, but forbearance measures using older exchange rates could be dropped. Further enhancing the financial safety net, including bank resolution frameworks, and a timely review of emergency liquidity assistance would reinforce resilience. Finally, continued efforts to close crypto data gaps; monitor emergent risks, particularly from stablecoins; and integrate them into macroprudential frameworks are important to safeguard stability.

STRUCTURAL POLICIES 

The growth cost of disinflation can be partly offset by productivity-enhancing reforms to labor and product markets, as well as legal frameworks. Tertiary education incentives could be better aligned with labor market needs, digital and vocational training expanded, and links between universities and the private sector strengthened.  To support productivity across the economy, improvement in areas such as stronger protection of property rights, contract enforcement, and judicial integrity would be helpful, alongside reforms to product market regulations and anti-corruption efforts. Targeted measures for small- and medium-size enterprises (SMEs)—such as regulatory reforms, an SME-specific insolvency regime, and improved monitoring and support from the SME Development Organization—would address their productivity challenges and constrained access to finance, promoting inclusive economic growth.

Finally, reducing Türkiye’s vulnerability to global energy price fluctuations would enhance resilience. Notable progress has been achieved in expanding the share of renewables in the electricity sector. Wind and solar energy now comprise 22.4 percent of total generation, lowering the current account’s sensitivity to energy price shocks. The authorities’ ambitious goal of raising renewable capacity from 32 to 120 gigawatts by 2035 would raise renewables to around half of electricity generation, further diminishing reliance on hydrocarbons and strengthening the current account. The recently enacted climate law sets the foundation for Türkiye’s Emissions Trading System which is expected to align incentives effectively and mitigate potential adverse impacts of the EU Carbon Border Adjustment Mechanism.

The IMF team is grateful to the authorities and private sector counterparts for their kind hospitality and constructive and fruitful discussions.

[1] Authorities’ definition. Under the IMF definition, the deficit has fallen from 5.0 to 3.6 percent of GDP.

TAMPA, Fla. — Europe must move quickly to craft a large-scale strategy for space-based data centers or risk ceding a potential pillar of future digital infrastructure to global competitors, according to the European Space Policy Institute (ESPI).

The independent think tank highlighted a surge of activity in the United States and China to advance in-orbit cloud computing, including growing interest from SpaceX’s Elon Musk and other tech giants exploring space to ease artificial intelligence’s soaring processing and energy demands.

According to a report ESPI published Nov. 18, about 70 million euros ($81 million) of private capital has flowed into space-based data center ventures, or directly relevant enabling components, over the past five years.

They include lunar data storage startup Lonestar of Florida and Washington-based Starcloud, which recently deployed its first small satellite. 

Speculative discussions turn into tangible R&D

At around 60 kilograms, the Starcloud-1 spacecraft carries an Nvidia processor that is designed to run AI models in orbit, including variants of Google’s Gemini. 

However, to scale into commercially meaningful capacity, Starcloud and many other orbital-processing ventures call for kilometers of solar arrays and giant radiators in orbit to shed gigawatts of heat.

This sheer scale highlights one of the most formidable engineering challenges in deploying full-scale orbital compute, ESPI noted. Despite major advances in recent years, launch affordability, thermal management and in-orbit assembly remain major barriers.

While Europe has produced early building blocks, from ESA’s PhiSat AI processing missions to a feasibility study funded by the European Union, ESPI pointed to how others are moving quickly toward operational systems. 

NASA manages more than two dozen AI-driven edge computing projects, including experiments on the International Space Station to process sensor readings in space, rather than sending raw data back to Earth. 

China, meanwhile, has launched the first 12 satellites of its planned Three-Body Computing Constellation, envisioned as a 2,800-satellite AI computing mesh that performs heavy processing in space to reduce latency and downlink bottlenecks.

Powering AI

According to McKinsey analysts, as much as $6.7 trillion of investment could be required in data centres by 2030, of which about $5.2 trillion is driven by AI workloads, if adoption and technology cycles continue on their current path.

“There is an increasing need in orbit for storage and processing in space for in-situ operations,” Analysys Mason research director Claude Rousseau said via email, “and to complement terrestrial-based data centre markets. 

“Given the strong demand from government customers for connectivity, it is a natural fit to launch space data centres in various forms to meet their growing needs for sovereignty of operations, coupled with an increase in use of AI and to strengthen data security.”

Musk, who also leads the advanced-model startup xAI, said in October that an upcoming V3 generation of Starlink broadband satellites, set to fly on SpaceX’s in-development Starship, could be scaled up to operate as orbiting data centers, linked via high-speed lasers.

“SpaceX will be doing this,” he added.

Speaking at the Italian Tech Week conference in Turin last month, Amazon and Blue Origin founder Jeff Bezos predicted gigawatt-scale data centers would be deployed in space between 10 and 20 years.

Amazon also owns cloud computing giant Amazon Web Services and is deploying a low Earth orbit broadband constellation called Amazon Leo to take on Starlink.

ESPI said Europe risks becoming dependent on foreign orbital compute capacity without swift, coordinated action.

To avoid falling behind, the think tank recommended that the European Union:

• Launches a European Space-Based Data Centre initiative as part of the 2028–2034 Horizon Europe Moonshot Projects.
• Uses the European Space Agency’s General Support Technology Programme (GSTP) and its Advanced Research in Telecommunications Systems (ARTES) program as public-private testbeds for maturing the enabling technologies.
• Establishes a phased roadmap that extends beyond R&D toward commercial orbital compute deployment.

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A US federal judge has signalled concerns about ordering the break-up of Google’s advertising business, as courts in monopoly cases shy away from mandating Big Tech companies split themselves up.

Leonie Brinkema, a federal district judge in Virginia, in April ruled Google had “wilfully” monopolised parts of the digital ads market.

The Department of Justice, which brought the case, has requested Google parent Alphabet be ordered to spin off elements of its ads business.

But in a final hearing on Friday about the so-called remedies to be imposed to address the monopoly, Brinkema said the DoJ’s request was a “dramatic change” that would not be as “easily enforceable” as the resolution Google has proposed.

Brinkema said she was “concerned about the timing of all this” because a court-ordered break-up would likely be delayed while Google probably pursued a lengthy appeal. “Time is of the essence,” she added.

Her decision will be critical for Google. Its core search and ads business generates more than $50bn in quarterly revenue — half the total sales of parent company Alphabet. This revenue helps finance the rest of its empire from its DeepMind artificial intelligence lab to Waymo self-driving taxis.

Brinkema’s April ruling found Google illegally dominated online advertising through its control over the technology online publishers use to sell ad space, and the biggest exchange on which businesses bid for ads.

The DoJ argues Alphabet should be ordered to sell the ad exchange and if necessary implement a phased divestiture of the technology online publishers use to sell ad space.

Google has offered “behavioural” remedies as an alternative, including sharing its advertising exchange’s bid data with competitors, integrating technology with an alternative advertising tool and installing a monitoring trustee.

Brinkema’s decision, which the judge said she would probably issue next year, will follow several recent orders in high-profile competition cases that have come down in favour of Big Tech.

This week, a federal judge decided in Meta’s favour in a case brought by the US Federal Trade Commission, which had sought to unwind the group’s acquisitions of Instagram and WhatsApp.

Google has also fought a separate DoJ case, which convinced a court the company had illegally dominated online search including by paying Apple and others billions of dollars to be their default search provider.

However, the judge in September rejected prosecutors’ request that Google be forced to sell its Chrome browser and instead imposed a package of less-stringent remedies.

Brinkema seemed open to arguments, also made in the earlier case, that judgments may become obsolete in the fast-moving tech industry by the time divestitures are fully implemented.

Matthew Huppert, a DoJ lawyer, told Brinkema that only a divestiture could ensure Google, which for years put the industry “under its thumb”, does not “re-monopolise” the market.

So-called behavioural remedies alone “would freeze the status quo in place”, Huppert said, warning the court that Google has the “wherewithal” to test their bounds in “every conceivable way”.

Karen Dunn, the lawyer representing Google, likened the DoJ’s request to a “grenade” that would cause disruption for customers and higher prices.

She also stressed a potential buyer for Google’s ad exchange had not been identified — a notion Brinkema seized upon, arguing she was “concerned” a potential divestiture was at a “fairly abstract level”.

The “court has to be far more down to earth and concrete”, Brinkema added.

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Billionaire investor Bill Ackman is preparing a public listing of his hedge fund company Pershing Square Capital Management in a stock market debut that could come early next year.

Ackman had told some existing investors in his $21bn in assets hedge fund and begun speaking with advisers about the listing plans, said two people briefed on the matter. The listing could come as early as the first quarter of 2026, said one of those people.

The people cautioned that the talks were at a preliminary stage and could ultimately be delayed or not lead to a public offering depending on market conditions. Pershing Square declined to comment.

An IPO of his investment firm would culminate a more than decade-long pursuit by Ackman to turn Pershing Square from a volatile hedge fund partnership into a broader financial institution he has compared to Berkshire Hathaway.

Ackman is one of the world’s best-known hedge fund managers with large stakes in corporate giants including Uber, Alphabet, Amazon and Hilton. His hedge fund has returned 17 per cent for the year to November 18, buoyed by this year’s rally in tech stocks and a surge in the value of long held bets in US housing giants Fannie Mae and Freddie Mac.

Pershing Square differentiates itself from other hedge fund managers by holding concentrated positions in just a few stocks.

Roughly a decade ago, Ackman raised about $4bn through a London-listed public vehicle, which has transformed into the bulk of Pershing Square’s overall assets as investors pulled money from his traditional hedge fund strategies.

Last June, Ackman began laying the groundwork for a possible IPO by selling a 10 per cent stake in Pershing Square at a valuation just over $10bn to a group of investment firms, family offices and billionaire investors.

The high valuation rivalled those assigned to private equity groups that have gone public in recent years, including TPG and CVC Capital Partners. TPG listed in early 2022 at a roughly $10bn valuation, while CVC had a €15bn valuation when it listed last year.

Pershing Square’s primary business is overseeing a closed-end fund that manages more than $15bn of assets and pays Ackman’s hedge fund a 1.5 per cent management fee on those assets and lucrative performance fees. If the IPO is successful, it would be the first big hedge fund to go public in more than a decade.

Ackman previously tried to launch a US closed-end fund called Pershing Square USA last year, but a deal fizzled out after fundraising expectations cratered from about $25bn to $2bn.

The award was presented by the Hispanic Motor Press at the 2025 Los Angeles Auto Show’s AutoMobility LA media days, where the top vehicles were chosen by a distinguished jury panel of Hispanic automotive journalists, content creators, and industry experts. Hyundai’s IONIQ 9 stood out among finalists for its three-row versatility, innovative EV technology, advanced safety features, and family-friendly appeal — making it the clear choice for this coveted title.

“We are incredibly honored to receive the ‘EV of the Year’ award from the Hispanic Motor Press,” said Claudia Marquez, COO, Hyundai Motor America. “This recognition reflects our commitment to delivering electric vehicles that prioritize safety, convenience, and innovation for families, aligned with the priorities of the Hispanic community. The IONIQ 9 brings long-range capability, ultra-fast charging, and a spacious, tech-forward interior, making EV ownership effortless and rewarding.”

“This is the electric vehicle today’s Hispanic families have been waiting for,” said Ricardo Rodriguez-Long, founder and president, Hispanic Motor Press. “The IONIQ 9 offers generous interior space for every passenger, quiet and confident performance, and the latest driver-assistance and connectivity features. Built on a proven EV platform with quick-recharge capability, it delivers real-world practicality with the refinement and value our community expects.”

Hispanic Motor Press Awards
The Hispanic Motor Press Awards is the premier U.S. Hispanic awards program for the Latino community to educate and help pre-select the best vehicle options in the market. The jury panel is comprised of an independent group of national Hispanic automotive journalists, content creators, and influencers who assess vehicles while considering key purchase drivers for Hispanic families in quality, reliability, style, safety, technology, and value. The annual awards include the Hispanic scholarship program for communications, automotive, and technology college students.

Hyundai Motor America
Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company’s Progress for Humanity vision. Hyundai has significant operations in the U.S., including its North American headquarters in California, the Hyundai Motor Manufacturing Alabama assembly plant, the all-new Hyundai Motor Group Metaplant America, and several cutting-edge R&D facilities. These operations, combined with those of Hyundai’s 850 independent dealers, contribute $20.1 billion annually and 190,000 jobs to the U.S. economy, according to a published economic impact report. For more information, visit www.hyundainews.com.

Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn | TikTok

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WASHINGTON, Nov 21 (Reuters) – A group of major asset and wealth management firms has agreed to pay $25.5 million to resolve claims in U.S. court that they conspired to restrict job mobility and suppress wages for thousands of financial professionals.

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American Century and another defendant, Montage Investments, previously reached non-prosecution agreements with the U.S. Justice Department over related allegations, according to the filing.

In a statement, American Century said it was pleased to resolve the workers’ lawsuit in Kansas and “remains committed to fair and honest competition in compliance with all laws and regulations.”

A lawyer for Mariner Wealth and Montage did not immediately respond to a request for comment, and neither did lead attorneys for the plaintiffs.

The asset and wealth management firms denied any wrongdoing.

The plaintiffs said the Mariner defendants have about $65.9 billion in assets under management and the American Century defendants manage about $230 billion in assets.

The plaintiffs said the settlement offers significant and immediate relief and avoids the risk and costs of continuing litigation.

Settlement payments will be based on factors including length of employment, the court papers showed.

Lawyers for the plaintiffs estimated an average payout of about $3,700 per person. Eligible employees will receive payments automatically.

The settlement also said the plaintiffs’ lawyers will ask for up to one-third of the fund for legal fees, or about $8.5 million.

The case is Jakob Tobler et al v. 1248 Holdings LLC, U.S. District Court for the District of Kansas, No. 2:24-cv-02068-EFM-GEB.

For plaintiffs: George Hanson of Stueve Siegel Hanson, and Rowdy Meeks of Rowdy Meeks Legal Group

For Mariner: Jonathan King of DLA Piper

For American Century: John Schmidtlein of Williams & Connolly

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