Labor Department's Early CPI Data Release Prompts Security Review
A subset of inflation data was published 30 minutes ahead of schedule, leading to an investigation by the Bureau of Labor Statistics.
- The Bureau of Labor Statistics mistakenly released parts of the Consumer Price Index report early on Wednesday.
- The early release did not appear to significantly impact market trading before the official release time.
- The incident has raised concerns about the security protocols for handling sensitive economic data.
- A full investigation is underway to prevent future occurrences, involving the Office of Management and Budget and the Office of the Inspector General.
- The CPI data showed a slight increase in inflation, below market expectations, which led to a stock market rally.