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Inflation Climbs, Trump Fires Stats Guy—Trust Issues Ensue

In July, the core Consumer Price Index, which spectacularly ignores food and energy prices, 'rose 0.3%, up from the previous month's 0.2% increase,' proving inflation is playing hard to get. Meanwhile, overall CPI held steady at 2.7%, because why make anything simple? As the Federal Reserve debates 'rate cuts,' President Trump decided to shake things up by firing the head of the Bureau of Labor Statistics after a 'less-than-stellar jobs report,' and is now nominating a critic of the agency to lead it. Data transparency? More like data twilight zone.

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Source: Axios | Published: 8/12/2025 | Author: Courtenay Brown