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 aligned to a prediction that tomorrow’s interest rates will be identical to today’s interest rates, are his expectations optimal?

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Financial Markets And Institution

ISBN: 9781292459547

10th Global Edition

Authors: Frederic Mishkin, Stanley Eakins

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