‘Wrong in so many ways’: RBNZ’s Conway kicks op-ed misinformation
The central bank’s chief economist aims to improve understanding of forecasts in a volatile and uncertain world.
Conway says forecasting is always tricky – especially in today’s world.
The Reserve Bank has criticised “misinformation” in the mainstream media about the way it forecasts and makes monetary policy decisions.
Chief economist Paul Conway delivered a speech this morning and answered questions about how it forecasts and why it matters. He also used the opportunity to
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