News

Bessent: How Can The Fed Set Rates When Jobs Data Is This Broken? "This Was A Five Standard Deviation Mistake"
Treasury Secretary Bessent defended President Trump's decision to fire Bureau of Labor Statistics (BLS) head Erika McEntarfer ...
Bostic: Labor Market Risks Rising, but a Lot of Data to Come Before September Meeting
Employment growth slowed and the unemployment rate rose in July, and new data from the Bureau of Labor Statistics showed a ...
Markets are near-certain of a September rate cut as more Fed presidents turn dovish overnight
Neither Presidents Kashkari or Daly—nor Governor Cook—dissented at the July meeting. With Governor Chris Waller and FOMC ...
Institute on Taxation and Economic Policy5hOpinion
Trump’s Firing of BLS Commissioner is Part of Larger Erosion of Federal Data Infrastructure
Last week, President Trump fired the Commissioner of the Bureau of Labor Statistics in apparent retaliation for weak jobs ...
Ex-Trump official criticizes him for firing head of statistics agency
An official who ran the federal Bureau of Labor Statistics during President Donald Trump’s first term is criticizing Trump ...
Eli Lilly Earnings, Fed Speakers, Bank of England Rate Decision: Still to Come This Week
Earnings season marches on, with Eli Lilly among the big names yet to report this week. President Trump has said he will name replacements this week for Federal Reserve governor Adriana Kugler and [Bu ...