The Bureau of Labor Statistics is reducing or ending the collection of data that is used to calculate the Consumer Price Index. By Ben Casselman Federal Reserve policymakers have stressed that their ...
You probably heard that the variety and quality of economic data are being challenged by the cutback in federal workers who collect such data. For most folks it’s no big deal. There are already too ...
Monetary policy is forward-looking and dependent on policymakers’ economic outlook. When the outlook is deemed highly uncertain, policymakers may put more weight on incoming data when making monetary ...