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Powell: We're monitoring slacker data quality in the CPI
POWELL: WE'RE MONITORING SLACKER DATA QUALITY IN THE CPI
— *Walter Bloomberg (@DeItaone) July 30, 2025
Added at 2:04pm
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Powell: Reliable government data is essential—we hope to continue getting what we need. An independent central bank has greatly benefited the public.
— First Squawk (@FirstSquawk) July 30, 2025
Added at 2:05pm
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Powell: Fed independence must be upheld as long as it benefits the public. Consumer spending, after years of strong growth, may be slowing—but remains healthy, with solid credit performance.
— First Squawk (@FirstSquawk) July 30, 2025
Added at 2:08pm
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Powell: GDP met expectations but is hard to interpret due to net export swings; private sector job creation has eased slightly in the latest report.
— First Squawk (@FirstSquawk) July 30, 2025
Added at 2:09pm
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Fed's Powell: Totality of labor market data shows solid market but you have downside risks.
— FinancialJuice (@financialjuice) July 30, 2025