The problem is as soon as new predictions are made it causes the people participating in an economy to change their behavior.
Thats why people working at central banks like the Federal Reserve will try to downplay risks like inflation to prevent signalling that theyll raise interest rates causing a market correction or businesses from raising prices to deal with it.
I think the cats out of the bag now but they sure would love to stuff it back in the bag.
Thats why people working at central banks like the Federal Reserve will try to downplay risks like inflation to prevent signalling that theyll raise interest rates causing a market correction or businesses from raising prices to deal with it.
I think the cats out of the bag now but they sure would love to stuff it back in the bag.