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In fact, if you had access to both forecasts, a good rule of thumb would be to rely exclusively on the Fed and ignore the private predictions.
Cameron is expected to be given a rapturous reception when he addresses the 1922 committee after exceeding even No 10's private predictions to win an overall parliamentary majority.
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One place where the frontier of forecasting is already being pushed is at private forecasting companies whose predictions are sold to commodities traders, utilities, or other customers whose business relies on anticipating future weather.
The president conceded that the official growth forecast for this year — previously six-tenths of 1 percent of gross domestic product — had been revised to "barely above zero," in line with most private economists' predictions.
(but) it remains to be seen whether this package will be adequate to spur strong domestic demand and to reduce the (trade imbalance) significantly". Japanese government and private-sector predictions as to how much the stimulating measures will boost Japan's economy this year range from about 0.6% to 2.2%.
If different market participants have different, complementary pieces of private information, prediction markets have the potential to aggregate this information.
Although this finding has implications for counselling, the fact that USH2A disease-causing variants are often private makes prediction of the fully evolved phenotype challenging.
Predictable predictions?
The companies' financial outlooks were stronger than the predictions of private economists, who expected confidence to slip.
SOME of the ageing superstars of private equity dismiss current predictions that competition will drive down returns.
Analysts say the prospect of a fare war threatens to destabilize the entire Indian airline industry, and to erase the previous predictions by private carriers of profits this year.
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CEO of Professional Science Editing for Scientists @ prosciediting.com