Mboweni discusses role of forecasting

Tito Mboweni, the governor of the South African Reserve Bank, discussed the limitations of economic forecasting in a speech given in Johannesburg on Wednesday.

Mboweni said: "The best we can do is to strive to create forecasting models that are close approximations of reality which in turn provides a coherent and disciplined framework for making decisions."

To read the speech, click here

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