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Fed Chair Powell: Cutbacks on data collectors will lead to more volatility in surveys
CNBC Television·2025-06-18 19:50

Thanks, Cher Pal. Uh Neil Irwin with Axios. There have been some cutbacks in economic statistics collection in the last few weeks and worries that longunning problems around funding and response rates may be getting worse.Uh how much is this concern on your radar. Uh how much confidence do you have that the gauges you're watching to assess the economy are reliable right now. You know, two things.One, the data we get right now, we we can do our jobs. I'm not concerned that we can't do our jobs. Um that's not ...