News
By Laurie Guilmartin
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September 4, 2008
E. Claiborne Robins School of Business economics professor and Rigsby Fellow Dean Croushore has been named interim director of the Federal Reserve Bank of Philadelphia's new Real-Time Data Research Center.
Economists at the Real-Time Data Research Center, part of the Federal Reserve Bank of Philadelphia's Research Department, act as experts on real-time macroeconomic data, macroeconomic forecasts and macroeconomic modeling, according to the center's Web site.
"Our ultimate goal," Croushore said, "is to become the kind of place that policymakers and Fed economists will go whenever there is an issue related to forecasting, or real-time data or data revisions."
The real-time data set shows information about the economy, such as inflation rates and interest rates and how those were originally released.