Journal Article
The unreliability of inflation indicators
Abstract: Analysts seeking evidence of rising inflation often focus on the movements of a single indicator_an increase in the price of gold, for example, or a decline in the unemployment rate. But simple statistical tests reveal that such indicators, used in isolation, have very limited predictive power.
Keywords: Inflation (Finance); Economic indicators; Forecasting;
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Bibliographic Information
Provider: Federal Reserve Bank of New York
Part of Series: Current Issues in Economics and Finance
Publication Date: 2000
Volume: 6
Issue: Apr
Order Number: 4