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Data Cuts

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Concerns Mount Over Impact of Trump Budget and Hiring Freeze on U.S. Inflation Data

Originally Published 7 months ago — by Bloomberg

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Source: Bloomberg

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.