Economic forecasting has its limits, Reserve Bank chief economist says
The difficulty is that forecasts quickly become targets, particularly in the minds of those reading them.
Forecasting is difficult, especially about the future, as somebody famous once said.
New Zealand's Reserve Bank isn't being quite as asinine as that but what was notable about last week's briefings over the latest monetary policy statement was just how much stress governor Graeme Wheeler and his
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Rob Hosking
Tue, 16 May 2017
Tue, 16 May 2017
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Economic forecasting has its limits, Reserve Bank chief economist says
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