Economic indicators come is three varieties, differentiated by their timing. Some offer an insight into the future. We call these leading indicators; for instance, new orders data help us see a bit over the horizon. Others tell us more about the here and now; these are coincident indicators like industrial production or personal income. Finally, there are lagging indicat
Music has a magic to it. Just the other day a young man was practicing the trumpet in a park near my home. Mind you, he was practicing and miles from Mr. Davis, but the blare of his brass mellowed the moment as the sun was setting. For me, it was as if everything was all right.
/ˈjäbˌsmakt/
A description of the feeling a person gets after receiving a piece of shock news concerning their employment i.e. demotion, redundancy, loss of benefit, changes to working routines or dismissal. Often due to unforeseen circumstances which lead to the recipient ending up in said state. (www.urbandictionary.com)
America’s central bankers gathered for the first time this year earlier in the week. Each year, four presidents of the Fed’s regional banks serve a 12-month term on the Federal Open Market Committee (FOMC) to help the seven governors and the President of the New York Regional Fed Bank set monetary policy, making this the first time for the current mix to decide on interest rat
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