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Random article: Rate of Change (ROC)
Despite its simplicity, Rate of Change is a very efficient oscillator showing change of price between definite periods of time in the per cent form. ROC is measured by comparison between present price and previous price N periods ago. ROC periods can involve different intervals from minute to month.
This economic index is measured for wages and unemployment benefits in the USA. It can tell about occurrence of inflation processes in the state economy. FRS closely watches this indicator and based on its value adjusts its financial policy, which confirms its high significance. The Index is published quarterly, at 20-s, at 08:30 a.m EST (New York). Published data is used for middle- and long-term forecast. Rise in index in the period of expectations of growing major interest rates leads to consolidation of national currency.
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