
Hereâs when to expect key jobs and inflation reports after the government reopens
âĒBy ADMIN
As the U.S. federal government gears up to reopen after a protracted shutdown, crucial economic data that was delayedânamely jobs and inflation reportsâis finally poised to come back online. Analysts expect the September employment report, largely compiled before the shutdown began, to hit within days of reopening.
However, itâs much murkier for Octoberâs data. Inflation metrics such as the Consumer Price IndexâŊ(CPI), the Producer Price IndexâŊ(PPI), and the Personal Consumption Expenditures Price IndexâŊ(PCE) may be delayed substantiallyâor even skippedâbecause federal staff were furloughed during the dataâcollection period.
The stakes are highest for the Federal Reserve, which meets DecemberâŊ9â10 to decide on monetaryâpolicy direction. Economists say the central bank may rely on the November jobs report (due DecemberâŊ5) and possibly a November CPI printâboth of which should be less compromisedâto inform its decisions.
#economywatch #jobsreport #inflationdata #fedpolicy #SlimScan #GrowthStocks #CANSLIM