Fed, Inflation and September
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14don MSN
Fed won't get key inflation data before next rate decision as BLS cancels October CPI release
The BLS said it was canceling the release of the October CPI, leaving the Fed without a key piece of inflation data before it next decides on interest rates.
The U.S. Bureau of Labor Statistics said on Friday it had canceled the release of October's consumer price report because the recently ended government shutdown had prevented the collection of data.
A stronger-than-expected inflation report may cause investors to recalibrate their expectations about how much the Fed might cut rates after September, one chief investment officer says Thursday's consumer-price index report for August has the potential to ...
The White House says the federal jobs report and the CPI inflation data due for release in October may not be released at all.
A key official in the Trump administration's economic team is touting the latest inflation data as showing that a tariff-induced rise in consumer prices is yet to materialize and seems unlikely to do so in the months ahead. The Bureau of Labor Statistics ...