A jump in wholesale prices is likely to bolster concerns among Federal Reserve policymakers that rising inflation remains a risk, intensifying debate over the wisdom of a rate cut at their September meeting and leaving the tension between the U.

Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a September rate cut.

Still, some warnings from financial writers have been ominous: Thomas Friedman of The New York Times, said the firing was “the most dangerous” thing the president had done and that it is unlikely we can now trust BLS data. Question: In wake of the Trump firing, can we still trust BLS data?