Trump’s data war risks creating false calm
These public attacks could cause economic data, research and forecasts to become more pro-government or lead to self-censorship
DeeperDive is a beta AI feature. Refer to full articles for the facts.
POLITICAL pressure on government statisticians and private forecasters risks sending markets down a rabbit hole, which could suppress volatility today but lead to seismic reality checks in the future.
US President Donald Trump has side-swiped both private and public sector economists this month, firing the Bureau of Labor Statistics (BLS) boss for what he described as “rigged” jobs data and then lambasting Goldman Sachs for tariff-related research he did not agree with.
These moves seem alarming, even if there are some mitigating factors.
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