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"We're just not good at forecasting it".
Here's a surprise: economists aren't so good at forecasting.
Supercomputers, for instance, aren't good at forecasting atmospheric details in the center of storms.
Nor is there evidence that analysts are any good at forecasting profits growth.
Studies of the panelists on "The McLaughlin Group," for instance, find that they aren't remotely good at forecasting.
So the Bank is not good at forecasting growth, or unemployment, or inflation.Forward guidance was always a tricky policy, given that background.
Similar(44)
"He's very good at forecasts.
Bob Sheppard, who became the Yankees' public-address announcer about the time Methuselah was trying out at third base, proved to be pretty good at political forecasting.
Then again, even those who are actually good at this forecasting screwed the pooch too.
Time series models are good at analyzing and forecasting long-term data, which has clear trend and regular fluctuation.
Wherever you decide to open for business, you need to become very tuned to changes of exchange rate, you need to manage your exposure, find good sources of information and become as good as you can be at forecasting for the years ahead.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com