As we end the year, it is apparent from the trail of fallibility that 2023 is a year which failed forecasts. In December 2022, the US Fed’s Summary of Economic Projections showed GDP growth in 2023 would be just 0.5 percent. Unsurprisingly, the Biden White House latched on to the good news to rubbish early 2023 predictions. As we end the year, it is apparent from the trail of fallibility that 2023 is a year which failed forecasts. Unsurprisingly, the Biden White House latched on to the good news to rubbish early 2023 predictions.

Source: Indian Express December 23, 2023 18:40 UTC