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Weekly Leading Index Points to Slowing


The level of the monthly U.S. Weekly Leading Index rose to 142.5, as its growth rate ticked down to 2.9% from 3.0%.



To put the economic cycle in perspective please see links below:

- watch Anirvan Banerji's recent interview on Reuters.

- read ECRI's "Phillips Curveball".

- read Lakshman Achuthan and Anirvan Banerji's op-ed on Bloomberg.

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Interview: Jobs, Inflation & the Fed

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Central banks like the Fed are misled by their belief that a lower jobless rate equals higher inflation. More

 

Phillips Curveball

ECRI July 31, 2017

It is the U.S. Future Inflation Gauge, "not the Phillips curve", that provides early warning of an inflation upturn. More