Hmmm…

“and that’s just not something that’s knowable, so actually writing down a forecast in that circumstance didn’t seem to be useful.’’ Federal Reserve Chairman Jerome Powell on the magnitude and duration of the COVID-19 outbreak and why the Federal Reserve will not be putting out its quarterly economic projections, although it expects to do so in June. A cruel paradox: Beating coronavirus likely means causing recession, by Paul Wiseman, AP Economics Writer, Omaha World Herald, March 22, 2020.