differential

“This pattern suggests that, while the dollar may show brief resilience immediately after a policy move, it typically weakens as markets adjust to a sustained easing cycle and narrowing rate differentials.”

Without the government data, the Conference Board’s labor-market differential was one of the metrics used to judge the next move in the unemployment rate, said Michael Feroli, chief U.S. economist at J.P.

There is no transmission, no clutch, and no differential.

While all that is going down, the torque-vectoring rear differential and traction/stability management systems are busy keeping you out of Rhode Island’s more fashionable ditches.

By the morning of the next day, that differential had increased to over two points.