Accuracy in Economic Forecasting Is an Aspiration, Says Fed Chair Warsh

Accuracy in Economic Forecasting Is an Aspiration, Says Fed Chair Warsh

Federal Reserve Chairman Kevin Warsh explains why he doesn't believe in the practice of issuing forward guidance. He says "accuracy in economic forecasting is still just an aspiration." Warsh speaks at the Fed's annual conference in Jackson Hole, Wyoming. (Source: Bloomberg)