US government to nix October inflation report after history-making shutdown
NegativeWorld Affairs
- The US government will not publish the October inflation report as the Bureau of Labor Statistics could not gather the required consumer price data due to a recent shutdown.
- This development highlights the challenges faced by the Bureau in maintaining accurate economic reporting amid disruptions, which can affect policymakers and economic forecasts.
- The inability to report on inflation coincides with rising unemployment rates and job additions in the economy, indicating a cooling labor market and ongoing economic pressures.
— via World Pulse Now AI Editorial System

