Let's start perhaps with the data side of things. Is there going to be a market fallout. It doesn't appear as though right now, but there is going to be a ripple effect and can we trust the data going forward.So, I think the next few days after you're seeing a considerable degree of surprise on Friday, you you very likely will see some market reaction. You're not going to solve this overnight because this is a revision off of several months of data. and the markets were caught by surprise in an environment ...

Turkish inflation slowed more than expected last month, giving a boost to monetary policymakers after last month’s decision to resume interest-rate cuts https://t.co/chIiyeEvdK ...

Swiss inflation unexpectedly accelerated, a reading that will be welcomed by policymakers mulling whether to reintroduce negative rates https://t.co/S2H22uF29o ...

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Beef Market Trends - Beef prices have increased over 8% this year, reaching $926 per pound [1] - The industry is facing a cattle shortage due to a drought two to three years ago, impacting profitability [1] - It will take two to three years to resolve the cattle shortage problem [1] Import/Export Dynamics - The industry has shifted from being net neutral in beef exporting/importing [2] - Currently, 8% of the beef supply is imported, which is considered a new and abnormal situation [2] Consumer Impact - The industry is uncertain about the impact of these changes on consumers [2]

Joining me now is Jared Bernstein, former chairman of the Council of Economic Adviserss and former chief economist and economic policy adviser to Vice President Joe Biden. Uh Jared, President Trump lashed out against the weak jobs market or jobs numbers, I should say, that were reported for July. He railed against the downward revisions from May and June.They were pretty significant. According to Axios, a top economic adviser to the president called the data quote very unreliable. Let's set aside for a mome ...

President Trump did the same exact thing. He went out there, he said it himself. I won this election because of one word, groceries.Cuz people are out here hurting. People are out here starving. Affordability is actually the right term.When you're speaking to people's pockets, people will always hear you. Cuz that is something I don't care if you're black, white, gay, straight, regardless of what your party is, your religion is, if you are a person who is we want two things in America. We want more money in ...

Economic Statistics & Independence - The importance of believing in reliable statistics about unemployment, inflation, and GDP for managing business and the economy is highlighted [1] - Independent statistical agencies are crucial for collecting data, and maintaining confidence in their independence is paramount, with bipartisan agreement on this principle [1] - Undermining the credibility of the Federal Reserve (Fed) can lead to concerns about inflation and erode confidence in the US dollar and the US economy [1] Political Influence & Economic Policy - Concerns are raised about the potential politicization of interest rates, fearing that rates might be lowered before elections to inflate the economy, leading to adverse consequences after the election [1] - Pressure on the Fed, as exerted by Donald Trump, is considered unconscionable because it undermines the Fed's credibility [1] - Historically, presidents have desired certain economic outcomes, such as lower interest rates, and have exerted pressure on Fed chairs [1]

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and Laurianne Lorocco. Let's bring you in. Global supply chain reporter for CNBC, Heather Buché, former member of the Council of Economic Advisors, and Peter Baker, New York Times White House correspondent.Heather, starting with you, you worked with the now ousted Commissioner of Labor Statistics. What was her approach to her job, to the data collection, and what's your reaction to her sudden firing. Well, this is just completely out of bounds.Um, you know, Erica McIntoer was a longtime civil servant for th ...