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UBS has introduced a proprietary AI tracking system to assess the underlying policy tone of three major central banks and measure them on a hawkish/ dovish scale. The large language model l is designe ...
Both models have underestimated the GDP for the better part of the last four years. Since 2022, the St. Louis Nowcast has been short by 1.02% on average, while the Atlanta Fed GDPNow has been .44% ...
Divergence vs. Convergence: An Overview . There are numerous trends and tools in the world of economics and finance. Some of them describe opposing forces, such as divergence and convergence.
The Atlanta Fed’s GDPNow economic forecasting tool predicts an imminent recession, which is fueling investor angst. However, the New York and St. Louis Feds’ Nowcast economic forecasts predict ...