AI is ‘absolutely useless’ at forecasting inflation. This proven model is 12 times more accurate.

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• MarketWatchCenter·3h ago

  AI is ‘absolutely useless’ at forecasting inflation. This proven model is 12 times more accurate.

  A “low-tech” tool from the Cleveland Fed consistently outperforms generative AI, which has struggled to provide reliable forecasts.

  Read at MarketWatch →