The Bureau of Labor Statistics has announced the cancellation of the October Consumer Price Index (CPI) and jobs report due to a prolonged government shutdown, which left some economic data unrecoverable. The shutdown has created significant delays in the release of key economic indicators, leading to uncertainty for the Federal Reserve in its upcoming rate decision. With crucial inflation data missing, economists are concerned about the implications on interest rate cuts, as the Fed may be forced to rely on outdated employment figures for its assessment. The November reports for both inflation and jobs are also facing delays, further complicating economic policymaking and market forecasts.