AI is ‘absolutely useless’ at forecasting inflation. This proven model is 12 times more accurate.
May 08, 2026
A “low-tech” tool from the Cleveland Fed consistently outperforms generative AI, which has struggled to provide reliable forecasts.
https://www.marketwatch.com/story/ai-is-absolutely-useless-at-forecasting-inflation-this-proven-model-is-12-times-more-accurate-d176f411?mod=mw_rss_topstories
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