Forecasts
in sentence
433 examples of Forecasts in a sentence
Moreover, growth
forecasts
are gloomy.
However, even the most pessimistic
forecasts
from the UN project that by 2100 the average person in developing countries will be richer than the average person in developed countries is now.
But even if the Fed does not admit it in its forecasts, the price of this “insurance policy” will almost certainly be higher inflation down the road, and perhaps for several years.
The US Federal Reserve Board’s published
forecasts
suggest only three quarter-point rate hikes this year, and futures markets have priced in just two such moves.
But whether the Fed tries to counteract it by raising interest rates more aggressively than its current
forecasts
imply, or decides to move cautiously, keeping short-term interest rates well behind the rising curve of price growth, bond investors will suffer.
But another factor has attracted little notice: systematically over-optimistic official
forecasts.
Such
forecasts
underlie governments’ failure to take advantage of boom periods to strengthen their finances, including running budget surpluses.
These
forecasts
supported enactment of large long-term tax cuts and faster spending growth (both military and otherwise).
The US Office of Management and Budget (OMB) has perennially turned out optimistic budget
forecasts.
For the quarter-century until 2009, the OMB’s three-year
forecasts
of economic growth were biased upward by a whopping 3.8%, on average.
But, in order to get buoyant budget
forecasts
out of the rival Congressional Budget Office, which is more independent than the OMB, a more extreme strategy was required.
Unrealistic macroeconomic assumptions, farfetched theories about tax cuts, and legislation that deliberately misrepresented policy plans all worked as intended, yielding overly optimistic forecasts, which in turn help to explain excessive budget deficits.
In particular, such
forecasts
explain the failure to run surpluses during the economic expansion from 2002-2007: if growth is projected to last indefinitely, retrenchment is deemed unnecessary.
In almost all industrialized countries, official
forecasts
have an upward bias, which is stronger at longer time horizons.
The result is that, unlike in most industrialized countries, Chile’s official
forecasts
of growth and fiscal performance have not been overly optimistic, even during economic booms.
And, as has happened repeatedly over the last decade, a few months into the year, others’ more optimistic
forecasts
are being revised downward.
By now, the disruption to trade appears extensive enough to factor negatively into
forecasts
for economic growth.
As the trade war broadens and deepens, however, economic-growth
forecasts
around the world are darkening.
The
forecasts
show US growth slowing from 2.9 % in 2018 to 2.1 % in 2020.
Goldman Sachs
forecasts
a base case (with the 10% tariff on the rest of Chinese imports taking effect early in the second quarter of 2019) in which the impact on US core inflation reaches 0.17% by June.
I am more pessimistic than institutions like the World Bank and International Monetary Fund, which anticipate Chinese growth in 2012 of 8.5-9% –
forecasts
that do not take into account the sharp cooling of China’s housing market.
Based on current policies, the government
forecasts
that Medicare spending per beneficiary will grow at an average annual rate of 4.3% and will rise to 6.7% of GDP over the next 75 years.
STANFORD – Economic
forecasts
for 2017 project continued frailty in the global economy, and subpar growth for most countries and regions.
Four Steps to US Fiscal HealthWASHINGTON, DC – The United States has a significant budget deficit, likely to be $1.3 trillion (10% of GDP) this year, and the long-term
forecasts
are worrying.
So judgment calls and best guesses are an inevitable part of “scientific” economic
forecasts.
CAMBRIDGE – After nine dreary years of downgrading their GDP forecasts, macroeconomic policymakers around the world are shaking their heads in disbelief: Despite a populist-propelled wave of political tumult, global growth is actually set to outperform expectations in 2017.
The candidate (or incumbent)
forecasts
an increase in tax receipts, based on
forecasts
that national income will grow faster.
SANTIAGO – With the International Monetary Fund having just cut its
forecasts
for economic growth in Latin America for the fifth year in a row, the region’s countries are casting about for ways to reignite investment and boost productivity.
Indeed, the International Monetary Fund now
forecasts
sovereign-debt stabilization by 2016 throughout the eurozone, except Greece.
The International Monetary Fund’s latest
forecasts
bear this out.
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