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Regulatory authorities could not have been expected to predict the sudden public attention to the newly discovered risk of runs on non-bank financial companies.
You'll remember that Sir Mervyn tends to deploy two rather different lines of defence: the first is that the inflation overshoots have largely come from unexpected factors like higher energy prices or the rise in VAT, which the Bank could not have been expected to predict - and, he will add, most city forecasters didn't either.
I laughed out loud at his recent lame excuse that his model couldn't have been expected to predict the action of the European Central Bank.
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The prospectus is expected to predict that the firm's operating profits will exceed $2 billion this fiscal year, a record.
The authors conclude that active share "does not (and should not be expected to) predict performance and that investors who rely on it to identify skill may reach erroneous conclusions".In a sense, this is hardly surprising.
This week, when the industry group representing the United States semiconductor business releases its annual forecast of chip sales for the next three years, it is expected to predict that in 2004 the worldwide chip industry will grow far more than the 16.5 percent to 17percentthatat it forecast earlier this year.
After the adjustment, the physical model is expected to predict the RUL better.
This model is expected to predict the surface roughness in terms of cutting parameters.
This modified equation is expected to predict the actual solvated radii of ions in non-aqueous solvents.
The estimates are expected to predict the scatter ranges for the elastic moduli of the polycrystalline materials.
The model was expected to predict the first-ply failure within the pipe composite laminates under various biaxial stress ratios.
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