The Federal Reserve of America (Fed) is struggling to make important policy decisions amid the longest government shutdown in history, causing delays in the release of economic data. The two monthly job reports and the consumer price index (CPI) for October have not yet been issued, leaving the Fed lacking the necessary information to guide interest rates.
This situation increases internal conflicts: some officials believe the economy needs further support, while others are concerned that inflation will rise again if interest rates are cut too quickly. Private data sources such as ADP or Indeed only provide limited information. Even when the government reopens, the data may still arrive too late for the December meeting.
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The Fed faces data loss as the American government shutdown affects jobs.
The Federal Reserve of America (Fed) is struggling to make important policy decisions amid the longest government shutdown in history, causing delays in the release of economic data. The two monthly job reports and the consumer price index (CPI) for October have not yet been issued, leaving the Fed lacking the necessary information to guide interest rates.
This situation increases internal conflicts: some officials believe the economy needs further support, while others are concerned that inflation will rise again if interest rates are cut too quickly. Private data sources such as ADP or Indeed only provide limited information. Even when the government reopens, the data may still arrive too late for the December meeting.