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ECB Economists Leverage ChatGPT to Boost GDP Forecasting Accuracy
2025-06-27 /
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Author：小编
On Thursday, the European Central Bank (ECB) released a paper revealing that by incorporating ChatGPT to analyze qualitative remarks in Purchasing Managers' Index (PMI) releases, they have been able to significantly enhance their GDP forecasting capabilities. In recent years, the ECB has been at the forefront of leveraging artificial intelligence techniques, such as web scraping for price data and large language model data classification, to further refine its forecasting prowess.
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