美国经济- 对数据质量下降的担忧 - 从噪音中提取信号-US Economics Weekly-Fears of data quality erosion Extracting the signal from the noise
2025-08-11 01:21
August 8, 2025 05:00 AM GMT US Economics Weekly | North America Fears of data quality erosion: Extracting the signal from the noise The quality of US data has been under pressure for some time due to budget dysfunction. Recent BLS cutbacks mean a larger share of CPI comes from imputed prices, not actual prices. We think July CPI inflation accelerates due to tariffs. If not, the bar for cuts in September falls. Key Takeaways Exhibit 1: July CPI inflation: More evidence of a tariff push 0.28 0.31 0.27 0.29 0. ...