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"The Fed is just as beholden to the short-term, high-frequency data as it ever was," he wrote in a note to clients.
But sending messages across the country means going through sub-station transformers, which contain an air gap that cannot pass on the high-frequency data.
In an interview, he said that such forecasts "often focus on high-frequency data from a short time period and often miss the big picture.
Looking past the high-frequency data, Gavyn Davies argues in The Financial Times that "China has faced greater economic challenges in the past three decades, and has succeeded in overcoming them.
For the G7 countries taken together, the OECD reckons that the most recent high-frequency data point to slower GDP growth in each of the first two quarters of this year than in the final quarter of 2009.
These high-frequency data are reported on a daily basis.
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Electricity wires have previously been used to transmit information within homes and local networks, such as rows of street lights, by sending very high frequency data alongside the standard 50Hz signal.
Why do you suppose the change was made?We use high frequency data to investigate whether there is informed trading in major equity index futures and exchange traded funds during lockup periods prior to salient macro-news announcements.
Stream computing systems are designed for high frequency data.
High frequency data also revealed diel variability during low flows.
Economic Latin-American time series variables can be complex with high frequency data.
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