The $2 trillion market for securities linked to US inflation data faces uncertainty after President Trump’s firing of Bureau of Labor Statistics (BLS) chief Erika McEntarfer. Investors fear the move could erode trust in government data, affecting asset prices. The BLS is seen as a key source of economic information, and its credibility is essential for making informed investment decisions. With the job market already showing signs of weakness, any further erosion of trust in inflation data could lead to significant market volatility.
Source: https://www.bloomberg.com/news/articles/2025-08-05/a-2-trillion-market-faces-enormous-risk-from-data-distrust