Can AI Predict Inflation? Testing ChatGPT on Macroeconomic Forecasting | HackerNoonMacroeconomic predictions are vital for informed policymaking and economic planning.
Conjecture on ChatGPT-4's Predictive Abilities in Narrative Form | HackerNoonChatGPT-4 demonstrates improved predictive accuracy with narrative prompts over direct predictions.
Can AI Predict Inflation? Testing ChatGPT on Macroeconomic Forecasting | HackerNoonMacroeconomic predictions are vital for informed policymaking and economic planning.
Conjecture on ChatGPT-4's Predictive Abilities in Narrative Form | HackerNoonChatGPT-4 demonstrates improved predictive accuracy with narrative prompts over direct predictions.
From Trump tariffs to AI: the big economic questions facing governments in 2025The UK economy faces significant challenges as Labour's policies and external factors create uncertainty for 2025.
What Happens When You Ask AI to Predict Inflation? | HackerNoonThe article examines the predictive capabilities of AI in macroeconomics, particularly in relation to geopolitical events like Russia's invasion of Ukraine.
From Trump tariffs to AI: the big economic questions facing governments in 2025The UK economy faces significant challenges as Labour's policies and external factors create uncertainty for 2025.
What Happens When You Ask AI to Predict Inflation? | HackerNoonThe article examines the predictive capabilities of AI in macroeconomics, particularly in relation to geopolitical events like Russia's invasion of Ukraine.
Reeves's proposed cuts will trigger big political argumentsGovernment will announce significant spending cuts, indicating financial constraints ahead.The anticipated cuts confirm the elimination of the chancellor's 'headroom' for borrowing under current circumstances.Political tensions expected as debates arise over responsibility for fiscal challenges.
Treasury may have broken law by failing to reveal 9.5bn spend in Tory budget, MPs toldTreasury officials may have violated legal obligations by not informing lawmakers about unreported spending, impacting fiscal forecasts.Transition to 'trust but verify' could prevent future oversight failures in fiscal management.
National debt forecast to treble over next 50 yearsUK national debt is projected to treble in the next 50 years due to ageing population, climate change, and geopolitical tensions.
Reeves's proposed cuts will trigger big political argumentsGovernment will announce significant spending cuts, indicating financial constraints ahead.The anticipated cuts confirm the elimination of the chancellor's 'headroom' for borrowing under current circumstances.Political tensions expected as debates arise over responsibility for fiscal challenges.
Treasury may have broken law by failing to reveal 9.5bn spend in Tory budget, MPs toldTreasury officials may have violated legal obligations by not informing lawmakers about unreported spending, impacting fiscal forecasts.Transition to 'trust but verify' could prevent future oversight failures in fiscal management.
National debt forecast to treble over next 50 yearsUK national debt is projected to treble in the next 50 years due to ageing population, climate change, and geopolitical tensions.
Housing market outlook: What forecasters see mortgage rates doing through 2026Mortgage rates are predicted to gradually decrease over 18 months, but housing affordability will remain an issue even in 2025.
MBA changes 2025 mortgage rates forecastMortgage rates are projected to be higher than previously expected, affecting housing market activity.Updated forecasts from MBA and Fannie Mae reflect growing concerns over mortgage rates and home sales.
Housing market outlook: 14 forecasts for mortgage rates in 2025The 2025 average mortgage rate forecast is 6.34%, reflecting a complex economic environment marked by rapid interest rate changes and federal debt pressures.
Housing market outlook: What forecasters see mortgage rates doing through 2026Mortgage rates are predicted to gradually decrease over 18 months, but housing affordability will remain an issue even in 2025.
MBA changes 2025 mortgage rates forecastMortgage rates are projected to be higher than previously expected, affecting housing market activity.Updated forecasts from MBA and Fannie Mae reflect growing concerns over mortgage rates and home sales.
Housing market outlook: 14 forecasts for mortgage rates in 2025The 2025 average mortgage rate forecast is 6.34%, reflecting a complex economic environment marked by rapid interest rate changes and federal debt pressures.
How to Build a Strategy for Coming Trade BattlesAcknowledging permanent global trade uncertainty is crucial for leadership.Leaders should develop a five-part response including immediate and long-term strategies.
'Dr. Doom' Nouriel Roubini is actually upbeat about the economyNouriel Roubini, known as 'Dr. Doom,' takes a more positive stance amid market panic, highlighting potential economic strength.
There are 3 possible 2025 outlooks for stocks - here's how to find the right oneSuccessful investing requires identifying insights unknown to others.2025 stock market could see significant booms, slight dips, or minimal gains.Consensus forecasts often miss significant market shifts.
'Dr. Doom' Nouriel Roubini is actually upbeat about the economyNouriel Roubini, known as 'Dr. Doom,' takes a more positive stance amid market panic, highlighting potential economic strength.
There are 3 possible 2025 outlooks for stocks - here's how to find the right oneSuccessful investing requires identifying insights unknown to others.2025 stock market could see significant booms, slight dips, or minimal gains.Consensus forecasts often miss significant market shifts.
The Wall Street economist who nailed the Fed's 'joyous' rate cut sees the same thing againMichael Feroli predicts a future Federal Reserve rate cut of 50 basis points, emphasizing the need for proactive economic policy adjustments.
How Fed Rates Influence Mortgages, Credit Cards and MoreThe Federal Reserve is expected to maintain its benchmark interest rate until signs of slower inflation emerge. Jerome H. Powell's remarks will be crucial for future rate projections.
UK wage growth slows; global chip stocks fall amid growing tensions between US, China and Taiwan business liveSome economists predict Bank of England's rate cut in September due to cooling wage growth.
What Forecasters Say About Interest Rates (and Why They Disagree)Financial markets shifted expectation from Fed lowering rates soon to possibly late in the year due to inflation data.
UK economy grew by 0.1% in third quarter of 2024, says ONSUK economy's growth slowed to 0.1% in Q3, with high interest rates causing uncertainty.
The Wall Street economist who nailed the Fed's 'joyous' rate cut sees the same thing againMichael Feroli predicts a future Federal Reserve rate cut of 50 basis points, emphasizing the need for proactive economic policy adjustments.
How Fed Rates Influence Mortgages, Credit Cards and MoreThe Federal Reserve is expected to maintain its benchmark interest rate until signs of slower inflation emerge. Jerome H. Powell's remarks will be crucial for future rate projections.
UK wage growth slows; global chip stocks fall amid growing tensions between US, China and Taiwan business liveSome economists predict Bank of England's rate cut in September due to cooling wage growth.
What Forecasters Say About Interest Rates (and Why They Disagree)Financial markets shifted expectation from Fed lowering rates soon to possibly late in the year due to inflation data.
UK economy grew by 0.1% in third quarter of 2024, says ONSUK economy's growth slowed to 0.1% in Q3, with high interest rates causing uncertainty.
Goldman Sachs's Jan Hatzius: Markets humble analysts by proving them wrongEconomic forecasters, like policymakers, were humbled by incorrect predictions over the past five years due to unprecedented events such as COVID-19.
Jobless rate set to rise' as experts warn of National Insurance hike impactIncrease in employers' national insurance contributions may lead to higher unemployment and reduced job creation.
Goldman Sachs's Jan Hatzius: Markets humble analysts by proving them wrongEconomic forecasters, like policymakers, were humbled by incorrect predictions over the past five years due to unprecedented events such as COVID-19.
Jobless rate set to rise' as experts warn of National Insurance hike impactIncrease in employers' national insurance contributions may lead to higher unemployment and reduced job creation.
'Superforecaster' says World War III is about to beginMartin Armstrong predicts World War III may commence soon, leading to the US's collapse by 2032 based on insights from his AI system, Socrates.
Rachel Reeves warned she could spook markets if she presses ahead with borrowing planBorrowing billions for infrastructure might destabilize markets, resembling past fiscal mishaps.Market sentiment dictates borrowing capacity, not just governmental fiscal adjustments.
Forecasters get more overconfident the further into the future they lookForecasters are accurate in the short term but overconfident in long-term predictions.
Dr. Doom Feeling Positively GiddyNouriel Roubini, despite his 'Dr. Doom' reputation, has signaled resilience and growth in the US economy contrary to recession predictions.
Enough With the Economic DoomsayingEconomists' persistent forecasting failures reveal issues with the economics discipline's reliance on flawed modeling methods.
Wall Street is worrying about the 'Sahm Rule' that predicts recessions-but its creator is not, yetFormer Federal Reserve economist warns against premature recession forecasts based on the 'Sahm rule'.
Booming Covid-era tech stocks see $1.5tn market value lossMany top pandemic-era companies are now experiencing significant market value losses.