Shutdown fallout: US scraps October inflation and jobs figures after data-gathering halt; missing data clouds Fed’s December decision

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.

Shutdown fallout: US scraps October inflation and jobs figures after data-gathering halt; missing data clouds Fed’s December decision
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.