If a forecaster spends hours every day studying data to forecast interest rates but his expectations are

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If a forecaster spends hours every day studying data to forecast interest rates but his expectations are not as accurate as predicting that tomorrow’s interest rates will be identical to today’s interest rate, are his expectations rational?

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The Economics Of Money, Banking & Financial Markets

ISBN: 126161

1st Edition

Authors: Massimo Giuliodori, Frederic S. Mishkin Kent Matthews

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Question Posted: Nov 14, 2024 02:00 AM

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If a forecaster spends hours every day studying data to forecast interest rates but his expectations are

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The Economics Of Money, Banking & Financial Markets

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