Choose a background or upload your own photo, then download a shareable quote image.
Your file stays in the browser; nothing is sent to the server.
Choose a background or upload your own photo, then download a shareable quote image.
Given our inevitably incomplete knowledge about key structural aspects of our ever-changing economy and the sometimes asymmetric costs or benefits of particular outcomes, a central bank... need to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path. They then need to reach a judgment about the probabilities, costs, and benefits of the various possible outcomes under alternative choices for policy.