The Bureau of Labor Statistics (BLS) inadvertently released a subset of Consumer Price Index (CPI) and Real Earnings data approximately 30 minutes prior to the scheduled release time. The premature release, which occurred on the BLS website, has prompted the agency to conduct a full investigation into its procedures and controls. The BLS has notified the Office of Management and Budget (OMB) and the Department of Labor's Office of the Inspector General about the incident. Despite the early release, it appears that no significant market reaction occurred. White House Press Secretary Karine Jean-Pierre expressed confidence that the BLS would resolve the data leak issue, emphasizing that the release was 'inadvertent.' The data was also accessible to 'Super Users,' including banks and hedge funds.
Karine Jean-Pierre dismisses the Bureau of Labor Statistics releasing CPI data early — which appears to be a pattern within the agency — as "an inadvertent leak" https://t.co/hWWMyta9ml
JEAN-PIERRE SAYS CONFIDENT BLS WILL RESOLVE DATA LEAK, EARLY CPI DATA FROM BLS WAS ‘INADVERTENT’
BLS leaked some of the CPI data 30 minutes early and nobody noticed.
CPI data were released prematurely. And no one in the market noticed. https://t.co/ESVfhGjfDy
The U.S. released inflation data early — and no one in the market noticed https://t.co/PYmYTW8XS3
Super users were able to trade on CPI data early. 🤡 https://t.co/dz1Dn1dHTZ
Somewhere, hedge fund techies are getting screamed at for not noticing --> The U.S. released inflation data early — and no one in the market noticed https://t.co/fv9CUhqfCg
So instead of leaking the data directly to JPM and BlackRock, as was the case last month, they are now leaking it to everyone on their website. I guess this is progress. ---- US CPI Data Subset Was Inadvertently Posted 30 Minutes Early https://t.co/QMZZrty2EG
The CPI print was accidentally released 30 mins early this am https://t.co/GjjcuBf3hA
BLS worker who released the CPI report early today https://t.co/zfi5wtCuYZ
Imagine the BLS was leaking CPI early AGAIN (see below) to its "super group" of banks and hedge funds...but posted it 30 minutes early for all us plebes instead... Noticing its huge error in sharing data early with everyone instead of a select few, the BLS admitted its mistake. https://t.co/n75SAibzlF
If anyone is surprised by the early release of the CPI data… https://t.co/XFpuJGLiX1
In advance of today’s CPI & Real Earnings releases @BLS_gov inadvertently loaded a subset of files to the website -30 minutes prior to release. The agency responsible for the inflation report said it has notified the @OMBPress & @USDOL Office of the Inspector General. @business
CPI data out early for the "Super Users" "In advance of today's CPI and Real Earnings releases, BLS inadvertently loaded a subset of files to the website approximately 30 minutes prior to the release."
“In advance of today's CPI & Real Earnings releases, BLS inadvertently loaded a subset of files to the website approx 30 mins prior to the release…BLS takes its data security seriously & is conducting a full investigation into its procedures & controls” https://t.co/bGzRHdRXOD
BLS CONDUCTING FULL PROBE INTO EARLY RELEASE OF CPI