American opinion: Trusted data is a vital economic asset

Trustworthy economic data is the backbone of financial markets and government policy — and right now, that trust is under strain. The firing of Bureau of Labor Statistics Commissioner Erika McEntarfer and the nomination of Heritage Foundation economist EJ Antoni have raised fears that jobs and inflation figures could become partisan tools. Economists warn that once official statistics lose credibility, markets expect bias, borrowing costs rise, and uncertainty deepens. What’s at stake isn’t one report, but the reliability of the nation’s economic compass. Read the full opinion of the Editorial Board at Bloomberglinked below.