NT Prophecy

All may agree that there is no new revelation to be expected concerning God in Christ, the way of salvation, the principles of the Christian life, etc. But there appears to be no good reason why the living God, who both speaks and acts (in contrast to the dead idols), cannot use the gift of prophecy to give particular local guidance to a church, nation or individual, or to warn or encourage by way of prediction as well as by reminders, in full accord with the written word of Scripture, by which all such utterances must be tested. Certainly the NT does not see it as the job of the prophet to be a doctrinal innovator, but to deliver the word the Spirit gives him in line with the truth once for all delivered to the saints (Jude 3), to challenge and encourage our faith.

JPBaker, writing in The New Bible Dictionary