John C. Williams, president and CEO of the Federal Reserve Bank of New York. “Expect the unexpected” is not the kind of message your consumers are used to hearing if they’re being paid for the accuracy of their predictions — or what you might usually want to hear from them. Sometimes, however, it’s the best advice a predictor can provide. Last week, the staff of St. Mary’s College in Newburgh started arranging five rows of 16 identical chairs ea…
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