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GDP growth and inflation. As Stock and Watson (2003) find, some financial variables work well in some countries or over … financial variables for predicting real GDP growth and inflation. Their assumption is that financial asset prices will dominate …
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In early 2020, the Bank for International Settlements (BIS) Representative Office for the Americas contacted a group of nine central banks that includes the members of the Consultative Council of the Americas (CCA) except the US Federal Reserve (Argentina, Brazil, Canada, Chile, Colombia,...
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