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The Use and Abuse of Real-Time and Anecdotal Information in Monetary Policymaking

The Use and Abuse of Real-Time and Anecdotal Information in Monetary Policymaking. Evan F. Koenig Senior Economist and Vice President Federal Reserve Bank of Dallas Dallas, Texas USA. Main points Data revisions complicate policy Usually, revisions are not given proper treatment

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The Use and Abuse of Real-Time and Anecdotal Information in Monetary Policymaking