Jim Bianco
Jim Bianco|Oct 10, 2025 02:39
They are calling back some BLS employees as “essential” to release the September CPI report. Don't read conspiracy theories that Trump knows the report is bond bullish so he wants to run it out ASAP. The reason is the government fiscal year end is September 30 so they need the September CPI to determine Cost-of-Living-Adjustments (COLAs) for social security, disability, and other such programs. Old people relying on government checks vote in huge percentages, higher then any other cohort. No politican wants to upset them. https://www.bloomberg.com/news/articles/2025-10-09/bls-recalls-staff-to-ready-september-cpi-report-by-month-s-end?srnd=homepage-americas&sref=SgYAAa0L(Jim Bianco)
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