MarketWatch on “Goldman Sachs adopts ‘odds’ approach to forecast the Fed’s next move”

Posted on Posted in In the Media

“Goldman Sachs said it’s “near-term Fed call” will now offer odds or probabilities… ‘This change will allow us to respond to new information about the economy or the Fed’s views in a manner that is nuanced but nevertheless clear, consistent with best practice as identified in the 2015 book Superforecasting by Philip Tetlock and Dan Gardner,’ the note said.”

Jeffrey Bartash, May 23, 2016, MarketWatch

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