Part 1 of 2: Slow adoption of AI-based treasury systems stems from lack of trust in the systems. Here’s how to bridge that gap.

The Bureau of Labor Statistics describes itself as “independent” and “non-partisan.” Economists and statisticians say this impartiality is key to the public and market’s trust in the data, as trillions of dollars can trade on the numbers at any given time.

Economic data is finally catching up to the economic reality that U.S. businesses and consumers have been describing for months.

Officials downgraded their view of the U.S. economy, but Powell cited inflation risk and “many, many uncertainties left to resolve” as reasons not to lower interest rates.