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How Sentiment Data Can Reveal Insights Not Captured by Economic Fundamentals

prattle
alternative-data
economics

(Evan Schnidman) #1

Prattle’s most recent contribution to FactSet Insight explores how our Central Bank Analytics can be used to gain deeper insights into the economic conditions of a given country.

Although the Australian economy had remained strong at the time of publication—GDP growing at 3.1% with inflation around 1.9% and unemployment holding steady at around 5.6%—communications from the Reserve Bank of Australia (RBA) told a different story. Prattle’s measure of RBA sentiment had plummeted from hawkish to neutral, indicating that policymakers had a less optimistic economic outlook:

Read the full piece on the FactSet Insight blog.