Just one day before the United States is regarding to announce the June consumer price index (CPI), a fake CPI report circulated on the Internet. The U.S. Bureau of Labor Statistics (BLS) on Tuesday (12th) came out to clarify, emphasizing that the information on the Internet is False news.
“We know a fake CPI report is circulating on Twitter, the real report will be released tomorrow at 8:30 ET (Wednesday 20:30 Taipei time), so stay tuned,” the BLS tweeted.
The CPI press release circulating on the Internet attempts to imitate the monthly report format, but the date and number are different, and there are several signs of forgery, such as the inconsistency of the figures in the chart and the text.
According to the Financial Times (FT), the June CPI in the fake report rose at an annual rate of 10.2%, well above the 8.8% forecast by economists.
Awaiting the release of the latest inflation data, the Federal Reserve (Fed) is trying to control inflation at a 40-year high. After the United States announced last month that the May CPI showed that inflation has increased further, the Fed immediately raised interest rates by 3 yards. For the first time since 1994. Economists widely expect the Fed to raise interest rates once more sharply at its meeting at the end of this month.
The White House earlier this week expected June CPI inflation to be very high on a year-on-year basis, but also noted that Wednesday’s June CPI will be a retrospective and outdated data, as energy prices are falling, in an attempt to downplay the significance of the data. .
