How Bad are Inflation Models, Expectations, and Forecasts vs Reality?
"Inflation models are worse than useless. They make central banks complacent."
Nov 24, 2021
How Bad are Inflation Models, Expectations, and Forecasts vs Reality?
"Inflation models are worse than useless. They make central banks complacent."
The Porcupine Flips
In The Porcupine Flips, Eurointelligence provides amusing as well as accurate statements about the ECB's inflation models. The same applies to the US, eve…