Re:Fed cuts half point in emergency move amid spreading virus
by budlightvirus on Tuesday March 03, 2020 @10:34AM
(#22475263)
What does "secular" mean to you?
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Re:Fed cuts half point in emergency move amid spreading virus
by mech1234 on Tuesday March 03, 2020 @10:40AM
(#22475333)
In Economics, secular essentially refers to long-term trends regardless of boom-and-bust business cycles. The focus is on the long term. In the context of economics it has nothing to do with religiousness.
A secular trend is a variable that evidences a consistent pattern within a given period of time. It is a statistical tendency that can be easily identified and it is not subject to seasonal or cyclical effects. (https://www.myaccountingcourse.com/accounting-dictionary/sec...)
Re:Fed cuts half point in emergency move amid spreading virus
by ejstronge on Tuesday March 03, 2020 @10:38AM
(#22475307)
'Secular' has multiple definitions; this one refers to a non-cyclical trend:
Re:Fed cuts half point in emergency move amid spreading virus
by mywittyname on Tuesday March 03, 2020 @10:40AM
(#22475328)
From context, the OP is using it to mean, over a period of time.