The eminent monetary economist Charles Goodhart argues that it is not so much the understanding of the conditional nature of the forecasts but more their usefulness, as a lot depends on the relative accuracy of these forecasts.
As he argued in a recent Financial Times article: “If official predictions contain additional information beyond that already implied by market forecasts of the term structure of short-term interest rates, then well and good. If not, then all central banks are doing is exposing that they are as clueless about the future as the rest of us”.