Reported 4 days ago
Questions about the reliability of U.S. economic data are resurfacing, raising concerns for investors as they await potential Federal Reserve rate cuts. Recent cutbacks in data collection by the Bureau of Labor Statistics, driven by a federal hiring freeze, threaten to impact the integrity of economic reports, particularly regarding inflation and employment figures. As economists and analysts voice apprehensions about the accuracy of key reports, the Federal Reserve faces challenges in making informed policy decisions, prompting worries about possible market disruptions.
Source: YAHOO