RonPurewal Wrote:if we construed the usage of ”would“ here as “future in the past”,is it still problematic?
The sentence is written from a
present point of view. ("Have been predicting", like other "have/has ___ed" forms, is written from a present point of view.)
This kind of "would" requires a
past point of view, which is incompatible with the present sentence.
Hi Ron,
Can you elaborate on the above comment a little more. My understanding was as follows:
1) He has
raised the rates, and because of the economy, the feds
have been predicting that the market
will rise.
Doesn't this imply that the rates have been raised in the past(we don't know when but this action is complete). "Have been" predicting implies that the predictions started shortly after the rates were raised and they have been going on until now. The predictions have stopped but the effects could still linger(public optimism etc). The prediction is that the rates will DEFINITELY rise(because of the will).
2) He has
raised the rates, and because of the economy, the feds
have been predicting that the market
would rise.
In this case, everything is the same but they are just uncertain whether the market will rise. Isn't this the correct interpretation?
3) He
had raised the rates, and because of the economy, the feds
were predicting that the market
will rise.
This implies that the rates were raised. The feds were predicting(they are no longer predicting) that the market will definitely rise.
4) He
had raised the rates, and because of the economy, the feds
were predicting that the market
would rise.
Same as 3 but they are just uncertain whether the market will rise.