Tuesday, October 17, 2017

10 year interest rate forecasts in the US and UK

A couple of continuing forecast validations — this time, it's the interest rate model (which has been used by a Korean blog called Run Money Run for Korea, Japan, and Taiwan). Specifically, we're looking at the 10-year interest rate model for both the US (which has been going for 26 months now) and UK (only  a few months):



The US graph contains forecasts from  the CBO from December of 2016 as well as a concurrent forecast from the Blue Chip Economic Indicators (BCEI) — which I love to point out costs thousands of dollars to access their insights in their journal.

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Also, try to avoid the use of dollar signs as they interfere with my setup of mathjax. I left it set up that way because I think this is funny for an economics blog. You can use € or £ instead.

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