On October 18, 1941, I suddenly received a mandate from His Majesty to form a new cabinet. This was completely unexpected, and when I was summoned to the Imperial Palace I thought I would be questioned on the army’s point of view.
– Hideki Tojo
Look at what has occurred in history. When the Berlin Wall fell, it was not surprising, but it was unexpected. Who predicted the Arab Spring? Nobody expected it, but all the ingredients were there. I think all the ingredients are also there for Quebec to become a country. But when? That’s another question.
– Gilles Duceppe
The future path of the federal funds rate is necessarily uncertain because economic activity and inflation will likely evolve in unexpected ways. For example, no one can be certain about the pace at which economic headwinds will fade. More generally, the economy will inevitably be buffeted by shocks that cannot be foreseen.
– Janet Yellen