First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/09/09/plugging-bad-data-into-a-bad-model-why-should-we-have-confidence-in-the-federal-reserve-003440
<p><img src='https://www.moneymetals.com/uploads/content/Plugging-Bad-Data-into-a-Bad-Model--Why-Should-We-Have-Confidence-in-the-Federal-Reserve.jpg'/></p>The Federal Reserve boasts of its data dependence. But what if it’s relying on bad data? Even worse, what if it’s plugging that bad data into a faulty model?