John Williams, president and chief executive officer of the Federal Reserve Bank of New York, during an Economic Club of New York (ECNY) event in New York, US, on Thursday, Sept. 4, 2025.
David Dee Delgado | Bloomberg | Getty Images
THE NUMBERS ARE A LIE. In a SHOCKING admission that exposes the fragile facade of America’s economic recovery, a top Federal Reserve official has CONFIRMED that the government’s latest inflation report is fundamentally UNRELIABLE and artificially LOW. New York Fed President John Williams revealed that “technical factors” and failed data collection have DISTORTED the Consumer Price Index, handing the public a dangerously misleading picture of the nation’s financial health.
Williams confessed that because the Bureau of Labor Statistics COULD NOT collect critical data for October and early November, the headline inflation number was pushed down by a TENTH of a point—a manipulation that single-handedly turned a disappointing 3.1% expected reading into a seemingly rosy 2.7%. This isn’t a statistical glitch; it’s a SYSTEMIC FAILURE that allowed the government to publish a report MISSING its standard data points, relying instead on ESTIMATES and “nonsurvey” sources. Economists are now warning the public NOT to trust these numbers, as key components like rent were calculated using ASSUMED zero inflation for the missing month.
This revelation BLASTS a hole in the narrative that inflation is “under control.” It suggests the figures Americans rely on for their financial futures are being crafted from INCOMPLETE and BIASED data, potentially to engineer political and market calm. While Williams claims to see “encouraging” signs, his own words prove the foundation of that optimism is ROTTEN. The so-called “disinflationary process” may be nothing more than a DATA COLLECTION CRISIS dressed up as progress.
If the trusted metrics are built on guesswork and gaps, what else is the government getting wrong? The truth is no longer in the numbers—it’s in the terrifying silence of the data they failed to collect.




