How reliable is U.S. economic data? It’s a growing risk for investors awaiting the next Fed rate cut. - MarketWatch
1. U.S. economic outlook appears uncertain amid conflicting consumer sentiment surveys. 2. BLS reported cutbacks on CPI data collection due to resource constraints. 3. Questions arose about U.S. employment data reliability, risking Fed policy decisions. 4. Market participants cautious as Fed relies on potentially flawed economic data. 5. S&P 500 closed higher, reaching above 6,000 for the first time since February.