Global Economy Latest: How to Gauge Economic Impact of Banking Woes

Hello. Today we look at the must-watch economic indicators to see where the recent banking turmoil may show up first, what might come next from the European Central Bank, and ask whether wages may be hit by the banking mess.

It takes many months, if not quarters, before a US recession is officially called. For policymakers, economists and investors who need the information sooner, it will pay to monitor a slew of high-frequency data in coming weeks to detect the impact of the latest banking turmoil.