期刊名称：Federal Reserve Bank of St. Louis - Regional Economist
出版年度：2016
出版社：Federal Reserve Bank of St. Louis
摘要：F or policymaking pur poses, t he Federal Open Market Committee (FOMC) regu larly commu nicates to the public that its policy is "data-dependent." 1 This means that the stance of monetary policy w ill depend on the cu rrent and prospect ive performance of the economy. 2 Forecasting, then, is a key aspect of monetar y policymaking. But ana- lyzing t he performa nce of a large economy like that of the United St ates is d ifficu lt. To do this effectively, policymakers must confront several challenges, including evaluating the incoming flow of information that is contained in economic announcements or financial conditions. In recent years, econo- mists have developed models to forecast the U.S. economy's performance in response to the regular flow of d ata. Since this process is an at tempt to forecast the economy 's perfor- mance in rea l time ("now"), t hese models are sometimes called "nowcasts
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