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macroeconomic predictions | The Financial Standard

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A detailed close-up of a vintage analog barometer with a needle pointing to 'High Pressure,' symbolizing the reliability of traditional methods in AI inflation forecasting.

AI Forecasts Prove ‘Useless’ for Inflation, Cleveland Fed Model 12x More Accurate

A new study reveals AI is ‘absolutely useless’ at inflation forecasting, with a low-tech Cleveland Fed model proving 12…

Elena Marchetti·May 12, 2026, 7:00 PM

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