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CNN Inside Politics With John King June 4, 2024 16:42:00

there is a challenge there. and we take a lot of inspiration from the national weather service. if there is a storm coming, the national weather service does not say barometric pressure is dropping because as a regular person it s hard to know what to make of that. the weather service has invested a lot of research and development to trying different communication models. now they say things like small trees will be uprooted and debris could break windows. they ve done that deliberately. we plan to embark on that process as well to ensure that our communications are really meeting the moment and reaching people with the messages they need to hear. help me through that. what does that mean in terms of the language of covid that might change from our government or your forecasting center? we talked a lot when doing this, going up the case count. what do we do now? now we re in a much better place when we come down. hospitalizations again, way, way up if we go back in time, in a bette ....

Barometric Pressure , National Weather Service , Weather Service , Storm Coming , Communication Models , Case Count , Omicron Peak ,

BBCNEWS World Business Report June 4, 2024 04:38:00

Is consistent is the central bank and the ecb is one of them, have consistently underestimated inflation and that causes problems, doesn t it? what kind of issues to countries face when the forecasting from the central banks is wrong? forecasting from the central banks is wron: ? . , ~ banks is wrong? welcome i think the first thing banks is wrong? welcome i think the first thing to banks is wrong? welcome i think the first thing to remember - the first thing to remember about forecasting is all forecasts are wrong. the future is always unexpected in some ways. of course, central banks have had to deal with the situations that we haven t had for many years and so i m not going to keep blame on the forecast is there, they have a very challenging job. the important thing for us all to remember is we shouldn t think of one particular forecast, remember is we shouldn t think of one particularforecast, we have to think of the possible range of outcomes, when we do that of course there ....

European Central Bank , Monetary Policy ,

BBCNEWS World Business Report June 4, 2024 04:36:00

Want to put too much pressure on consumers by tightening interest rates and increasing costs in other ways when there is this cost of living crisis, incredible food crisis we were just hearing about happening. they are in a very transient situation from an investors perspective, really important to look yonder decisions today and into the long term and think about a whole range of scenarios, ratherthan think about a whole range of scenarios, rather than just the one outcome. it scenarios, rather than ust the one outcomefi one outcome. it is interesting that ou one outcome. it is interesting that you raise one outcome. it is interesting that you raise that, one outcome. it is interesting that you raise that, this - one outcome. it is interesting that you raise that, this kind l that you raise that, this kind of disconnect between the historic aspect of the inflation figures as published inflation figures as published in the future forecasting of the cost of living crisis and pric ....

Food Crisis , Interest Rates , It Scenarios , Inflation Figures , The One Outcomefi , Ou One Outcome , Western World , Oil Prices , Operating Company , Inflation Problem ,