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 ...
Bloomberg L.P.

An Inflation Time Bomb Is Hiding in Home Insurance

A standard complaint people have about economic data, especially inflation data, is that it doesn’t reflect their own experience and is therefore wrong. This might annoy the economists, politicians ...
Hypebeast

Tesla Model S x Model X Signature Series Farewell

Tesla is launching a final, invite-only “Signature Series” production run of 350 Model S and Model X Plaid vehicles to mark the end of the flagship programs The limited-edition units feature exclusive ...
The Motley Fool

The Federal Reserve's April Inflation Forecast Is In -- and It Just Keeps Getting Worse for Wall Street

Iran war uncertainties are threatening to disrupt a persistently strong rally in the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. A historic energy supply disruption could pinch ...
AOL

The Fed quietly altered its March inflation forecast — and it points to even more pain for Americans. But there's a way to fight back

Something important happened at the Federal Reserve’s March 18 meeting that flew under the radar for most folks. Buried inside the Fed’s quarterly Summary of Economic Projections (1), policymakers ...
IEEE

Inflation forecasting in Thailand: Bayesian Shrinkage and Factor Models in a small open economy

Abstract: Forecasting inflation in Thailand is challenging because limited time series and strong external exposures create an imbalance between few observations and many potential predictors. We ...
Bloomberg L.P.

BOE Models Point to Risk of Inflation Undershoot, Barclays Says

UK inflation could undershoot its 2% target if the Bank of England raised interest rates as much as financial markets currently expect, according to Barclays Plc analysis based on forecasting ...
Fox Business

Iran war could push inflation higher this year, Goldman Sachs says

The impact of the Iran war on global oil prices could push the rate of inflation facing U.S. consumers higher, which would leave Federal Reserve policymakers in a difficult spot as they weigh possible ...
CNBC

Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate

In its periodic update of economic conditions, the Organization for Economic Cooperation and Development forecast all-items inflation in the U.S. to be at 4.2% for 2026. The forecast is a sharp step ...
Reuters

Fed's Barr sees rates holding steady 'for some time' given above-target inflation

WASHINGTON, March 24 (Reuters) - The U.S. Federal Reserve may need to keep interest rates steady "for some time" before further cuts are warranted, Fed Governor Michael Barr said ‌on Tuesday, noting ...
The Motley Fool

The First Federal Reserve Inflation Forecast for March Is In -- and It's Not Pretty

Oil price shock events are historically bad news for the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. The virtual closure of the Strait of Hormuz has sent energy prices soaring, with ...
AOL

The First Federal Reserve Inflation Forecast for March Is In -- and It's Not Pretty

For much of the last seven years, Wall Street's major stock indexes have been powering higher. With the exception of 2022, the benchmark S&P 500 (SNPINDEX: ^GSPC) has gained at least 16% each year ...