The latest core PCE inflation numbers are out for April 2015 (at FRED), so here's an update of the IT model prediction in the head-to-head with the NY Fed DSGE model. With the additional data points available since the last update, the NY Fed DSGE model has gone from performing terribly (relative to the IT model), to just performing poorly (relative to the IT model):
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NY Fed DSGE model predictions are not doing…
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The latest core PCE inflation numbers are out for April 2015 (at FRED), so here's an update of the IT model prediction in the head-to-head with the NY Fed DSGE model. With the additional data points available since the last update, the NY Fed DSGE model has gone from performing terribly (relative to the IT model), to just performing poorly (relative to the IT model):