Macroeconomic Forecasting

Macroeconomic forecasting involves predicting the future state of a country's economy by analyzing various factors like GDP growth, inflation, unemployment, and interest rates. Economists use statistical models and economic data to make informed estimates about how the economy will perform in the coming months or years. These forecasts help policymakers, businesses, and investors make strategic decisions by providing insights into potential economic trends and challenges ahead. Essentially, it’s about looking into the future of the economy to better plan and prepare for what’s to come.