Getting it right and getting it wrong – RBNZ chief economist on economic hubris
The Reserve Bank is reviewing the assumptions it makes when forecasting the economy. With special feature audio.
Rob Hosking Thu, 14 Jul 2016
The Reserve Bank is reviewing the assumptions it makes when forecasting the economy.
Several difficult to predict aspects of the economy – the exchange rate, price inflation, and net migration have all defied not only the Reserve Bank but other forecasters.