Jean-Pierre Confident BLS Will Resolve Data Leak; Early CPI Data Release Was 'Inadvertent'
Portfolio Pulse from Benzinga Newsdesk
Jean-Pierre expressed confidence that the Bureau of Labor Statistics (BLS) will resolve the recent data leak issue, where early CPI data was released inadvertently. This incident has raised concerns about the integrity of sensitive economic data handling.
May 16, 2024 | 6:33 pm
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The inadvertent early release of CPI data by the BLS could lead to short-term volatility in SPY, as investors react to the mishandling of sensitive economic information.
The early release of CPI data can cause market participants to react unpredictably, leading to potential short-term volatility in SPY. The integrity of economic data handling is crucial for market stability.
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