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Economic Quote by Ben Bernanke

“Of course, economic forecasts must be revised when new information arrives and are thus necessarily provisional.” quote by Ben Bernanke
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“Of course, economic forecasts must be revised when new information arrives and are thus necessarily provisional.”

Ben Bernanke

About This Quote

Source Speech: Remarks on Economic Outlook, Federal Reserve, 2013

Economic predictions must adapt as fresh data emerges, making them inherently tentative.

In simple terms: Forecasts change with new data.

Key Takeaway

Update forecasts with new information.

Themes

economics uncertainty policy adaptation

Mood

cautious analytical

Type

policy financial

When to use this quote

  • government budgeting
  • business planning
  • investment decisions

Key Concepts

forecasting probabilistic thinking

Questions to Reflect On

  • How do you balance confidence with uncertainty?
  • What mechanisms ensure timely updates?
A Different Perspective

Provisional forecasts can cause market volatility.

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