CPI Inflation Data Sparks Academic Doubt: "This Report's Credibility Hits Rock Bottom"
What is the true extent of inflation cooling? This question is stirring the economics community.
The CPI report released on Thursday has sparked controversy over its credibility. Heather Long, Chief Economist at Navy Federal Credit Union, bluntly stated that for professionals, this report is like "The Emperor's New Clothes"—a glamorous data set that cannot withstand scrutiny.
Industry experts point out that there are disputes over the statistical sample and weight adjustments in this CPI data, and the fluctuations in core goods and services prices diverge from residents' actual perceptions. Market doubts remain about the conclusion of "substantial inflation slowdown."
The credibility of CPI data influences monetary policy and capital flows. This controversial report casts a fog over economic analysis, prompting economists to call for transparency in accounting details and to rebuild market trust in inflation indicators.
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CPI Inflation Data Sparks Academic Doubt: "This Report's Credibility Hits Rock Bottom"
What is the true extent of inflation cooling? This question is stirring the economics community.
The CPI report released on Thursday has sparked controversy over its credibility. Heather Long, Chief Economist at Navy Federal Credit Union, bluntly stated that for professionals, this report is like "The Emperor's New Clothes"—a glamorous data set that cannot withstand scrutiny.
Industry experts point out that there are disputes over the statistical sample and weight adjustments in this CPI data, and the fluctuations in core goods and services prices diverge from residents' actual perceptions. Market doubts remain about the conclusion of "substantial inflation slowdown."
The credibility of CPI data influences monetary policy and capital flows. This controversial report casts a fog over economic analysis, prompting economists to call for transparency in accounting details and to rebuild market trust in inflation indicators.