Categories: BUSINESS

Data blackout: US scraps October CPI report after govt shutdown; Fed left without key data ahead of policy meet

US inflation data for October is now unavailable due to a federal shutdown, creating significant uncertainty for the Federal Reserve’s upcoming policy meeting. This data gap, alongside a postponed jobs report, leaves policymakers without crucial insights into inflation and labor market trends as they weigh rate decisions amidst tariff pressures and economic slowdown fears.
Sumitra

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Sumitra
7 months ago

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