But this is not the forecast that is presented to policy makers or the public. The economists examine the result, 2/4  BIS central bankers' speeches  and exercise judgement regarding the likelihood of various variables, factors that the models do not cover, and more. The final result is the forecast that was published two days ago and is presented before you.
This forecast serves as an ingredient—important though not exclusive— in the formulation of the situational assessment that forms the basis for the Monetary Committee’s decisions. The forecast indicates expected growth of 3.5 percent this year (as we said, the past is still before us), 3.2 percent in 2017 and 3.1 percent in 2018.