Government Shutdown Threatens Economic Reports

Government Shutdown Delays Crucial Economic Reports, Creating Data Fog for Federal ReserveThe U.S. government shutdown has caused significant delays in the release of important economic reports, including the Consumer Price Index for October. This data fog is making it difficult for the Federal Reserve to make informed decisions about the economy. Even if the government reopens soon, data collection may still be impacted, and alternative sources for inflation figures are limited. The absence of these official figures is likely to influence the Federal Reserves decision to hold off on any rate changes next month.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.