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best collective judgement?

 
 
Nancy88
 
Reply Sat 26 Apr, 2014 10:23 pm
Turning his attention to the Bank’s quarterly Inflation Report, Kohn identified the problematic nature of the inflation forecast – traditionally described as the ‘best collective judgement’ of the committee – and how it was constructed.

What does the phrase mean?
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Type: Question • Score: 4 • Views: 475 • Replies: 2
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roger
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  1  
Reply Sat 26 Apr, 2014 10:50 pm
@Nancy88,
Consensus of knowledgeable participants.
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anonymously99
 
  -2  
Reply Sat 26 Apr, 2014 10:54 pm
@Nancy88,
Quote:
What does the phrase mean?


I am illiterate.
0 Replies
 
 

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