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central projection
noun
- a projection of one plane onto a second plane such that a point on the first plane and its image on the second plane lie on a straight line through a fixed point not on either plane.
Example Sentences
“Provided the incoming data, particularly on the labor market, were broadly in line with the central projection” in this month’s monetary policy report, the central bank said, “it would be necessary over coming months to increase Bank Rate” to return inflation to its 2 percent target.
There is huge uncertainty about the scale of job losses, in both directions, he added, "but in my view, the risks are skewed towards even larger losses, implying even more slack in the economy than in our central projection."
In 2015, however, the researchers expect global carbon emissions to decline by 0.6 percent to 35.7 gigatonnes - their central projection from a range of -1.6 percent to +0.5 percent.
In their central projection, the OBR estimate GDP growth will be around 2.3% a year in the next parliament.
This could have a potentially huge impact on the public finances, Under their central projection - the baseline against which political plans are measured - the government would be a running a surplus of 1% of GDP in 2019/20.
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