Fed Chair Powell concerned about accuracy of evonomic data

[Crepitus]

Oh boy, that's incredibly vague. Be more specific.

There are 4 years packed full of lies. Pick a few. I don't care which.

 

[Dragonlady]

Wow. I can freely say that what I just read was a load of conspiratorial nonsense. What evidence do you have to suggest the Trump administration is "fixing the economic data?"

I used to be a neocon. I know how conspiratorial they can be. This... this is worse.

Are you seriously suggesting that Trump wouldn’t lie about the data that makes him look bad?

 

[frigidweirdo]

Fed chief Powell is starting to worry about the reliability of economic data

Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate policymaking.

www.businessinsider.com

It's really important not just for the Fed, but for Congress and for businesses, frankly, to know what really is going on in the economy," Powell continued. "I don't like to see the kind of stories I'm reading and the idea being that the data is going to become more volatile and less reliable. That'll make it more difficult for the private sector and for you and for us."

Is the trump administration fixing the economic data or did the DOGE cuts gut agencies ability to gain accurate readings? Nothing coming from these people should be taken at face value.

He's been learning from China and Russia.