US statisticians are scheduled to release a closely watched measure of consumer price inflation next week, the first such release since Donald Trump fired their boss.
The Bureau of Labor Statistics will reveal its consumer price index for July on Tuesday. Economists polled by Reuters expect the index to have risen 0.2 per cent in the month, slightly less than its 0.3 per cent rise in June, according to LSEG.
Tuesday’s will be the first CPI release since the US president ordered the firing early this month of Erika McEntarfer, head of the BLS, after a downbeat jobs report. The move sparked alarm for potentially undermining confidence in US government statistics, used by global investors to price assets worth trillions of dollars.
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