Concerns Mount Over Impact of Trump Budget and Hiring Freeze on U.S. Inflation Data
TL;DR Summary
The Trump administration's proposed fiscal 2026 budget includes an 8% cut to the Bureau of Labor Statistics, leading to reduced staffing and data collection, which may impact the reliability and volatility of key economic indicators like the CPI and PPI, amid ongoing budget constraints and organizational restructuring plans.
Topics:top-news#bureau-of-labor-statistics#data-cuts#economic-data#government#labor-department#trump-budget
- Trump Budget Plan Raises Concern Over Cuts to Statistics Bureau Bloomberg
- Exclusive | Economists Raise Questions About Quality of U.S. Inflation Data WSJ
- U.S. Is Trimming Back Its Collection of Consumer Price Data The New York Times
- Trump hiring freeze is hurting inflation data collection: Report Quartz
- CPI inflation report now requires more guesswork due to Trump’s hiring freeze MarketWatch
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