Finance and Capital Markets
1 total work
Predictions are made about the future course of an economy in the light of information received from a variety of sources in the form of a host of economics and financial data. This book explains whether economic and financial indicators provide the correct signal for monetary policy committees and market professionals to arrive at correct forecasts for the direction of the economy. The book contains research on these indicators components, formulation, method of compilation and their influence and overall contribution the economic activity. Scobie and Hall examine whether substantial changes in the global economy have affected the reliance of some indicators to correctly point banks and policy makers toward the relevant diagnostics and policies.