Bias in business forecasts is defined as persistent economic miscalculation of future events. Manufacturers make estimates on future supply and demand activity to help decide how much product to put ...

How will U.S. gross domestic product change during the next two years? For asset allocators evaluating the state of the global economy and pondering its effect on asset prices, the question of the U.S ...

Financial crises pose unique challenges for forecast accuracy. Using the IMF’s Monitoring of Fund Arrangement (MONA) database, we conduct the most comprehensive evaluation of IMF forecasts to date for ...

Gold holds above $3,350 as the U.S. dollar weakens, but strong data trims Fed rate cut bets and caps upside potential. XAU/USD struggles to break $3,377 resistance despite geopolitical support from ...

WTI slips toward $60.00 as traders react to OPEC+’s pause in planned output hikes. Oversupply fears persist, with the decision seen as insufficient to tighten the market. Technical outlook remains ...