Government Shutdown Threatens Release of Critical Inflation Data
The ongoing U.S. government shutdown is likely to disrupt the release of key economic data, with the White House indicating that the October inflation report may not be published as scheduled. This would mark the first time in decades that inflation data is unavailable due to a shutdown. Federal workers are already facing delayed paychecks, adding to the economic uncertainty. The Federal Reserve is left navigating through a data blackout, which complicates its ability to make informed decisions regarding interest rates. Analysts express concern that this absence of data could hinder economic progress and jeopardize the stability of the labor market.
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