In the context of economic news, a “whisper number” refers to the unofficial and informal expectations or predictions about key economic data or indicators that are about to be released.
While official estimates or consensus figures are based on surveys of economists and are publicly available, whisper numbers are based on informal discussions, speculations, and off-the-record insights.
Experienced or connected traders may have access to these “secret” numbers and trade on them.
« Back to Glossary Index