Forget Vegas sports betting for reckless speculation. When the Fed officials make projections, the markets assume they are accurate. However, as Jerome Powell himself admits, forecasts are speculative at best.

Original Article: <a href="https://mises.org/wire/fed-forecasts-financial-sport-or-costly-distraction" target="_blank">Fed Forecasts: Financial Sport or Costly Distraction?</a>

Forget Vegas sports betting for reckless speculation. When the Fed officials make projections, the markets assume they are accurate. However, as Jerome Powell himself admits, forecasts are speculative at best. Original Article: Fed Forecasts: Financial Sport or Costly Distraction?{ai:summary}<p>The accuracy of Fed forecasts is questioned, as Jerome Powell recognizes the speculative nature of projections. #economy</p>

Fed Forecasts: Financial Sport or Costly Distraction?

Loading...