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San Fran Fed says its developed a US recession indicator more accurate at shorter horizons
From the Economic Research Department of the Federal Reserve Bank of San Francisco.
- Says the researcher has found a recession predictor based on macroeconomic time series, particularly the jobless unemployment rate.
- This predictor is almost as accurate as the slope of the yield curve but is more accurate at shorter horizons.
If you are just after a recession prediction, the paper's conclusion is that there is no US recession on the horizon:
- The jobl... Read More
Posted: Dec 27 2022, 22:40
Author Name: forexlive
Views: 092026