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Leading Indicators Say 'No Recession' Over Next Few Quarters?? | Lakshman Achuthan
Thoughtful Money with Adam Taggart
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focused on rate cuts due to the prevailing economic slowdown and prevailing inflation trends, which often stem from outdated, rear-looking data.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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