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The Noise In The CPI Data Machine!
When you are totally data dependent, as the FED is, noise in the incoming data is always going to be an issue, because signal and noise might not be aligned. There was a classic case yesterday as we got the latest read on the Consumer Price Index for the US from the Bureau of Labor … Continue reading "The Noise In The CPI Data Machine!"
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By Martin North
5
66 ratings
When you are totally data dependent, as the FED is, noise in the incoming data is always going to be an issue, because signal and noise might not be aligned. There was a classic case yesterday as we got the latest read on the Consumer Price Index for the US from the Bureau of Labor … Continue reading "The Noise In The CPI Data Machine!"
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