More to economic forecasts than meets the eye

ARTICLE - A letter published in the London edition of the Financial Times Wednesday 2 October argues against an editorial - The value of IMF forecasts - the FT published the previous week.

The original FT editorial which the letter refers to is included here.

Letter written by M.R. Weale, Director, National Institute of Economic and Social Research, 2 Dean Trench Street, London SW1P.

Sir, Your editorial on economic forecasts (September 27) serves more to confuse than to clarify their function.

Mo

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