Forecasts vary in horizon, from a few seconds up to a few...

Forecasts vary in horizon, from a few seconds up to a few days in financial markets, compared to from one to several months for macro variables. We have to provide uncertainty intervals around the central forecasts to indicate the extent to which we are unclear about the future.

Clive Granger Quote About Central, Compared, Days, Extent, Few: Forecasts Vary In Horizon From...

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