RBA forecasts

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    http://www.rba.gov.au/speeches/2016/sp-ag-2016-04-06.html

    Just listening in on some RBA speeches.....and I swear I heard forecasts should be taken with a grain of salt.....read a while ago on a study on precision of economic forecasts and bottom line forecasts were useless.....

    So why do try to forecasts when its kind of pointless?....I guess its human nature.....got to love being human!.....
 
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