Thus, in a situation where there are various risks and uncertainty is high, with a view to making an assessment of the outlook for prices and being accountable for this, it would not be proper -- and not represent adequate information dissemination by the Bank -- to attract excessive attention merely to forecast figures.
As also highlighted by Federal Reserve  8  Chairman Powell, it is difficult to make accurate forecasts about future economic developments, and too much emphasis should not be placed on the medians of board members' forecasts.