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#PI# After the astonishing US Non-farm Payrolls (NFP) data was released yesterday, Trump directly took down the head of the statistics bureau. This kind of direct and forceful intervention by an administrative entity in the macro data publishing institution has almost never occurred in major countries since World War II, especially among G7 countries; it is an extreme tail event. Mr. Know-it-all has made history once again. 😂
After the personnel change, it is likely that there will be a strict enhancement of positive guidance on the work of the statistics bureau.