Clip

The Issue with Economic Data
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37:29 - 41:16 (03:46)

The way that economic data works can lead to odd anomalies such as sudden spikes or drops, and perhaps it would be better to keep rates at a consistent and reasonable level instead of fluctuating so violently. An example of this is rent data, which is bled in over six months, but last summer had a surprise 5.1% print that was dismissed as transitory.

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