Send the following on WhatsApp
Continue to ChatGiven 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. - Alan Greenspan from https://whatsmyquote.com/quote/given-our-inevitably-incomplete-knowledge-about-key-structural-aspects-of-our-ever-changing-economy-and-the