US Treasury Secretary Bezent expressed his opinion on the November Consumer Price Index, saying, “I actually think the accuracy of this figure is quite high. All of the Wall Street forecasting agencies that Bloomberg tracks have made mistakes in their predictions. So what do you do when your predictions go wrong? They'll blame the statistical method and the data itself.”

US Treasury Secretary Bezent expressed his opinion on the November Consumer Price Index, saying, “I actually think the accuracy of this figure is quite high. All of the Wall Street forecasting agencies that Bloomberg tracks have made mistakes in their predictions. So what do you do when your predictions go wrong? They'll blame the statistical method and the data itself.”