How well does the market for Federal Funds Futures predict? Statistical estimates of the market's efficiency in predicting FOMC policy actions indicate that the forecasts contain useful information and are unbiased at the usual 5 percent level. That finding is of interest because it means that...

Economists from the U. S. Department of Agriculture as well as agricultural industry and trade analysts attended the 1985 Outlook Conference held in Washington, D. C. in early December. Their appraisal of the agricultural economy for 1985 is summarized here