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India’s New Inflation Basket Explains India’s New Consumers
Bloomberg Television· 2026-02-13 10:12
Monica, let's just start with that headline number, Inflation appearing to be under control. What are the implications here for the RBI and fiscal plans as well. Good morning, Paula.Well, the implications are that the RBI is expected to remain on hold for an extended period of time. That number, as you pointed out, came in at 2.75%, close to the consensus number of 2.77%. As for the Bloomberg analysts and economists, Paul, and like I said, you know, despite the fact that it is well within the targeted range ...
Can Trump’s new BLS pick mess with the data? Experts explain
MSNBC· 2025-08-12 20:15
Data Accuracy and Political Influence - Concerns arise over potential political manipulation of Bureau of Labor Statistics (BLS) data, particularly the jobs numbers and Consumer Price Index (CPI), due to the appointment of a nominee perceived as politically aligned [1][5][6] - The industry emphasizes the importance of data accuracy and nonpartisanship in BLS reporting, as businesses, governments, and politicians rely on this data for decision-making and evaluation [2][8][9] - The industry expresses worry that redefining data or temporarily cancelling reports could mask economic weaknesses and hinder effective monetary and fiscal policy responses [14] Potential Consequences of Data Manipulation - The industry highlights that unreliable data could negatively impact business decisions related to production, location, and understanding consumer behavior [12][13] - Concerns exist that skipping or blending data releases, especially around midterm elections, could lead to misleading economic perceptions [16][18] - The industry notes that disruptions to long-term data series undermine their usefulness for understanding economic trends [15] Calls for Action and Alternative Solutions - The industry suggests that business leaders should publicly advocate for the protection of accurate and credible data [11] - The industry mentions the development of alternative private sector data sets to provide checks and balances on official numbers [15] - The industry emphasizes the need to support statisticians who have been working to protect data series [15]