  Encoder-decoder models provide a generic architecture for
sequence-to-sequence tasks such as speech recognition and translation. While
offline systems are often evaluated on quality metrics like word error rates
(WER) and BLEU, latency is also a crucial factor in many practical use-cases.
We propose three latency reduction techniques for chunk-based incremental
inference and evaluate their efficiency in terms of accuracy-latency trade-off.
On the 300-hour How2 dataset, we reduce latency by 83% to 0.8 second by
sacrificing 1% WER (6% rel.) compared to offline transcription. Although our
experiments use the Transformer, the hypothesis selection strategies are
applicable to other encoder-decoder models. To avoid expensive re-computation,
we use a unidirectionally-attending encoder. After an adaptation procedure to
partial sequences, the unidirectional model performs on-par with the original
model. We further show that our approach is also applicable to low-latency
speech translation. On How2 English-Portuguese speech translation, we reduce
latency to 0.7 second (-84% rel.) while incurring a loss of 2.4 BLEU points (5%
rel.) compared to the offline system.
