Richard Pullin
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Position: Journalist
I'm currently the Asian editor for the Front Page, which appears on Reuters 3000 Xtra terminals, and was formerly the Bureau Chief for Australia and New Zealand.
Blog Posts
Ranking economic forecasts
Financial journalists spend a lot of time surveying market economists ahead of macro-economic data releases to find out how they think the next CPI or GDP number is going to turn out. A poll 20 or 30 economists gives a market median forecast, which will determine how traders react when the data comes out. If the figure beats expectations and points to a strong economy and likely rate rises, the currency will jump, and vice versa. But how good are these forecasts? Full Article
How good are economists at forecasting CPI?
Market economists are taking a pasting worldwide for not predicting the global financial crisis. But how good is the profession at more bread-and-butter tasks, such as forecasting economic data? In ... Full Article
