Australia’s central bank is changing the way it presents forecasts so as to avoid creating a false impression of precision, according to deputy governor Guy Debelle.

In remarks to a group of economists in Sydney on October 26, Debelle spoke on the topic of uncertainty, saying it is one of the few certainties in monetary policy decision-making.

“The history of economic forecasting tells us that our central forecast will almost certainly be wrong. But there are things we can do to manage this