tag:blogger.com,1999:blog-4159906646513306121.post1111988904086285235..comments2023-11-19T20:38:50.237-08:00Comments on Economic Logic: How to report Fed uncertaintyEconomic Logicianhttp://www.blogger.com/profile/10171296292101248614noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4159906646513306121.post-51244805663417840912012-07-18T12:47:52.722-07:002012-07-18T12:47:52.722-07:00Good luck with that. I have prepared forecasts for...Good luck with that. I have prepared forecasts for financial institution, complete with error bands, and they completely disregard these details. All they want is what an particular interest rate is going to be one year ahead, with a precise number. And the only acknowledgment about forecasting uncertainty is that they tolerate a forecasting error of less than 25 points...<br /><br />Needless to say, I do not do these forecasts any more. Too disheartening and frustrating.Anonymousnoreply@blogger.com