‘Forecasters’ Predictions of Inflation Are Notoriously Inaccurate, So Their Expectations of Inflation Cannot Be Rational LOADING….’ Is This Statement True, False, or Uncertain?

‘Forecasters’ predictions of inflation are notoriously inaccurate, so their expectations of inflation cannot be rational LOADING….’ Is this statement true, false, or uncertain?

 

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‘Forecasters’ Predictions of Inflation Are Notoriously Inaccurate, So Their Expectations of Inflation Cannot Be Rational LOADING….’ Is This Statement True, False, or Uncertain?
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Explain your answer.(Rational expectations: Expectations that reflect optimal forecasts (the best guess of the future) using all available information.)

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