5 minute readThe accurate and early identification of economic turning points is a longstanding challenge. While in some countries, recession periods are formally determined by business cycle committees – as is the case in the United States – these processes are complex and often take considerable time to conclude. Yet policymakers, economists and financial market participants require more timely signals of shifting economic conditions to support effective and well-informed decision-making.
Read More6 minute readCOVID-19 has had a profound impact on economic activity across the globe, with GDP falling precipitously almost everywhere where stringent confinement measures have been implemented. However, official statistics on unemployment paint a more differentiated picture.
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