AI Evaluation Notes

After Q1 2024, inflation in the U.S. did not lead to a deflationary bust. Instead, both the Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE) inflation rates remained positive, generally hovering around 2-3% throughout 2024 and into 2025. There were even instances of inflation rising in some periods, contrary to the prediction of continued decreases leading to deflation.