For more information on the general methodology used to construct confidence intervals using historical forecasting errors, see David Reifschneider and Peter Tulip (2007), “Gauging the Uncertainty of the Economic Outlook from Historical Forecasting Errors (PDF),” Finance and Economics Discussion Series 2007–60 (Washington: Board of Governors of the Federal Reserve System, November).
It initially targeted business students through its lectures on the economy, and was coordinated by our first public relations officer, Carl Moore. In recent times, however, the Bank has expanded the programme to include topics such as Finance and Accounting, Investing, the Stock Exchange, CSME and others.