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?
					
				 
				
						
														
					
													@Nancy88,
												Consensus of knowledgeable participants.