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Massive revisions shook the jobs report. Tuesday’s inflation data could get cloudy, too
The next batch of inflation data from the Bureau of Labor Statistics was already shaping up to be a high-profile affair due to the expected impact of President Donald Trump’s hefty tariffs. But after Trump fired the agency’s top statistician, Tuesday’s report now comes with some other, unexpected baggage. July’s Consumer Price Index is set to be released at 8:30 a.m. ET on Tuesday, just 11 days after Trump’s unprecedented firing of the head of the BLS, following a lackluster jobs report that contained substantial revisions to prior months of employment data. The president baselessly claimed that BLS ... (full story)
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