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Weekly High Frequency Indicators: Lower Long-Term Rates Turn Mortgages Neutral, While Real M2 Turns Positive

Summary High frequency indicators can give us a nearly up-to-the-moment view of the economy. The metrics are divided into long leading, short leading, and coincident indicators. The nowcast remains positive. Weakness has spread from long to short leading indicators. But the decline in long-term interest rates has in turn […]

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