Government Shutdown Threatens Next Inflation Report Amid Economic Uncertainty
TL;DR
The White House announced that there will likely be no inflation report released in November due to the ongoing government shutdown, which has paused data collection by the Bureau of Labor Statistics. This absence of data could impact the Federal Reserve's decision-making on interest rates and leave markets and policymakers without crucial information on inflation trends.
Topics:businesseconomy#bureau-of-labor-statistics#economic-data#economy#federal-reserve#government-shutdown#inflation-report
- The White House said there probably won't be an inflation report next month businessinsider.com
- Government shutdown live: Federal workers miss paychecks as the White House says October inflation data is likely canceled Yahoo Finance
- What happens when no one trusts a country’s economic data PBS
- A tiny light in an economic data blackout is about to shine through the shutdown for a brief moment CNN
- White House says government shutdown could eliminate next inflation report despite optimistic numbers Fox News
Want the full story? Read the original reporting
Read on businessinsider.com