Reported 25 days ago
Mohamed El-Erian, President of Queen's College, Cambridge, discusses the implications of President Trump's firing of the Bureau of Labor Statistics (BLS) chief, stating that it undermines the agency's credibility and institutional integrity. He highlights concerns about the accuracy of economic data, particularly amidst a weakening economy, and emphasizes the need to incorporate diverse data sources. El-Erian also notes the contrasting reactions in bond and equity markets as investors adapt to revisions in labor statistics.
Source: YAHOO