latest

Base effects

"Base effects" refers to how economic values from a year ago affect the rate of change in economic data today.

Take inflation for example. If inflation was high in the same month a year ago, that high value will drop out of the calculation when inflation is recalculated this month.

As a result, high year-ago comparables make it more likely that inflation will fall when it's reported this month, and vice versa.

You've successfully subscribed to MortgageLogic.news
Great! Next, complete checkout for full access to MortgageLogic.news
Welcome back! You've successfully signed in.
Unable to sign you in. Please try again.
Success! Your account is fully activated, you now have access to all content.
Error! Stripe checkout failed.
Success! Your billing info is updated.
Error! Billing info update failed.