Shutdown fallout: US scraps Oct inflation and jobs figures after data-gathering halt
US government data on October inflation and jobs won’t be released due to a record shutdown, leaving the Federal Reserve blind ahead of its December policy meeting. The Bureau of Labor Statistics confirmed the cancellations, citing an inability to collect essential survey information. This data gap intensifies uncertainty for the Fed as it considers interest rate adjustments.🕒 1 min read
US government data on October inflation and jobs won’t be released due to a record shutdown, leaving the Federal Reserve blind ahead of its December policy meeting. The Bureau of Labor Statistics confirmed the cancellations, citing an inability to collect essential survey information. This data gap intensifies uncertainty for the Fed as it considers interest rate adjustments.
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