Four to six inches of GDP growth

Published: July 23, 2018, 4:01 a.m.

b'The key to a successful career in economics, as in weather-forecasting, is never to be too precise. In the middle of winter, you won\\u2019t hear a meteorologist forecast five inches of snow for Central Park. However, she may well tell you we will get between four and six inches \\u2013 her forecast thus indicating both what she expects and her personal doubts regarding that expectation.'