BitcoinWarrior

News and Education

Former Fed Economist Tells Investors To Resist Impulsive Moves In Face Of Inflation And Job Data: ‘It Might Not Be Real’

Published by
Benzinga

Recent concerns have arisen about the reliability of market-moving statistics such as inflation and job data. The reported figures, it seems, might not accurately reflect the economic reality. What Happened: Former Fed economist Claudia Sahm expressed concern about the situation. “They’re not giving us an accurate picture. And again, where one would start to see this first is the precision of the estimates slips, and you get movements from months to months that aren’t reality,” she said, reported Business Insider. Sahm’s comments highlight the significant decline in the response rates for surv…

Read More