AI Evaluation Notes

In March 2025, the Federal Reserve, through Chairman Jerome Powell, projected a period of slower economic growth for 2025. However, available data for the year indicates a stronger performance. The U.S. economy expanded at an annualized rate of 3.8% in the second quarter of 2025, marking its strongest performance since Q3 2023. Furthermore, the GDPNow model estimated real GDP growth for the third quarter of 2025 at 3.5 percent as of December 5. These figures suggest robust economic growth, contradicting the earlier prediction of a slowdown.