Leading Indicators Say 'No Recession' Over Next Few Quarters?? | Lakshman Achuthan
Thoughtful Money with Adam Taggart
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Act Before the Tide Turns
Central banks worldwide are currently focused on rate cuts due to the prevailing economic slowdown and prevailing inflation trends, which often stem from outdated, rear-looking data. A proactive approach, such as increasing rates earlier, could have mitigated some financial issues, exemplifying the principle that timely action yields better long-term results. Nevertheless, many central banks continue to base their decisions on cautious, econometric models that fail to adequately anticipate future shifts in the economy, thereby complicating their policy responses.
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