State Street To Provide Central Banks With PriceStats Inflation Indicators to Assess Economic Impact of COVID-19 Pandemic
State Street Corporation (STT)
Last state street corporation earnings: 4/17 07:38 am
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Source: Business Wire
Indicators Derived From Unstructured Data Will Help Central Banks Better Track Retail Pricing, Consumer Demand Shifts Driven by COVID-19 BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it will offer its State Street PriceStats Series, a comprehensive suite of indicators to monitor trends in retailer pricing and consumer demand in 22 countries, to central banks around the world at no cost. The announcement comes following an influx of inquiries from central banks as they seek to mitigate the negative economic effects of the pandemic.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200414005596/en/Source: State Street Global Markets, European Centre for Disease Prevention and ControlThe indicators, which are created by Price Stats, LLC through its exclusive partnership with State Street, track daily price fluctuations in millions of consumer products sold by hundreds of online retailers arou
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