Trump’s Interest Rate Cuts Unlikely

Garry Evans of BCA Research argues that former President Trump’s call for significant interest rate reductions is improbable. He emphasizes that recent U.S. economic data quality is under scrutiny, especially after the dismissal of the Bureau of Labor Statistics head.

Concerns Over Economic Data Integrity

The credibility of U.S. economic data has been brought into question, raising concerns about how it may impact policy decisions. The leadership change at the Bureau of Labor Statistics is a key factor in this growing skepticism.