Forecasts
in sentence
433 examples of Forecasts in a sentence
These laws have ensured that none of the doomsday scenarios of the 1960s and 1970s - remember the
forecasts
of the "Club of Rome"? - have come to pass.
So only if the most pessimistic independent
forecasts
are accurate is it conceivable that the Chancellor will break his Golden Rule in this cycle.
It is against this background that the International Monetary Fund has released its updated
forecasts
and assessment of the global economy.
These councils are tasked with assessing the accuracy of macroeconomic forecasts, overseeing compliance with targets, and ensuring long-term fiscal sustainability.
Its new Office for Budget Responsibility
forecasts
trade contributing as much as consumption to GDP growth in the coming years.
A small-scale farmer in rural Africa, for example, can now access weather
forecasts
and market prices at the tap of a screen.
Jack Welch, who led General Electric for 20 years, is a case in point: he once stated that many of his own major business decisions had come “straight from the gut,” rather than from analytical models or detailed business
forecasts.
After a solid 2017, key macroeconomic data – on unemployment, inflation, and consumer and business sentiment – as well as GDP
forecasts
all indicated that strong growth would continue in 2018.
Official
forecasts
for Russian GDP growth in 2009 remain positive, but most analysts, including government officials, are bracing for a severe recession – which, indeed, appears to have started in the fourth quarter of 2008.
Indeed, overly buoyant official growth
forecasts
are a fact of life in almost all of a sample of 33 countries, contributing to overly optimistic budget
forecasts.
Forecasts
by UNCTAD predict that if pro-migration policies are adopted, Africa’s per capita GDP could increase 61% by 2030 – to about $3,250.
The Center for a Responsible Federal Budget
forecasts
that interest costs will be the fastest-growing component of the budget, eating up 14% by 2028.
Unfortunately for the Fed – and for the American economy – the Keynesian models turned out to be accurate; their
forecasts
of the costs of disinflation were dead on.
Park may appear to face the least vexing domestic conditions, with South Korea’s economy growing at a 3.2% annual pace in the second quarter of 2014, only marginally lower than market
forecasts.
These are the market’s
forecasts
– and it is not a very liquid market.
But those who make these
forecasts
are implying real declines, from peak to trough, of more than 50% in some places.
It is surprising, therefore, that forecasters raised their GDP growth
forecasts
for 2011 significantly on the basis of the tax agreement.
It is startling that the troika has refused to accept responsibility for any of this or admit how bad its
forecasts
and models have been.
Tepid US and global growth
forecasts
are reinforcing these fears.
Merkel in ChinaNEW DELHI – German Chancellor Angela Merkel’s second visit to China in a year comes against the backdrop of dire
forecasts
of a difficult September for the eurozone.
Even if all those deficit reductions are implemented, all the
forecasts
of economic growth in subsequent years, on which fiscal consolidation depends, are not realistic.
Already, the European Commission has stated that various European governments’
forecasts
for GDP growth, put forward in their plans for budget austerity in the coming years, are overly optimistic.
How else to explain the fact that, year after year, European officials’
forecasts
of their policies’ consequences have been consistently wrong?
These
forecasts
have been wrong not because EU countries failed to implement the prescribed policies, but because the models upon which those policies relied were so badly flawed.
Because monetary policy operates with lags, central banks must avoid fixating on the here and now, and instead use imperfect
forecasts
to anticipate the future effects of their decisions.
After all, the UN
forecasts
that world population will rise to 9.3 billion in 2050 and surpass 10 billion by the end of this century.
Such forecasts, however, misrepresent underlying demographic dynamics.
China’s reforms will either support the economic shift, boosting sentiment and lifting growth forecasts, or they will fall short and disappoint, with attention most likely to be focused on the size and nature of state intervention in markets.
The European Economic Model LivesBack in the early 1990's, American officials like me who were making long-term
forecasts
for the Clinton administration cautioned that it would be rash to forecast an average long-run growth rate of more than 2.5% per year - and that actual growth might turn out to be even slower.
The gap is already wide – the International Monetary Fund
forecasts
a $484 billion deficit this year for the US, versus a $262 billion surplus for the eurozone – and is almost certain to widen much further, owing to the euro's 20% depreciation since the IMF released its estimate last autumn.
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