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Economists challenge US inflation print’s accuracy after Trump shutdown distortion


Economists challenge US inflation print’s accuracy after Trump shutdown distortion

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Wall Street economists express distrust in November's consumer inflation report due to data collection issues caused by a government shutdown. The report's credibility is questioned as it relied on estimates rather than accurate data.

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Before they even had their morning coffee, Wall Street economists were saying they don’t trust November’s consumer inflation report that was released earlier today. That is reportedly because it was built on shaky ground, as the government shutdown blocked real data collection for six straight weeks, forcing the Bureau of Labor Statistics to guess its […]
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