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Government Shutdown’s Lingering Impact on Economic Data Clouds Fed Decisions
Government Shutdown’s Lingering Impact on Economic Data Clouds Fed Decisions
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BTCCSquare news:
The October-November government shutdown continues to distort key economic indicators, leaving Federal Reserve policymakers navigating through unreliable data. Critical inflation metrics like the Personal Consumption Expenditures report remain a month behind schedule, with normalcy not expected until April.
Survey disruptions during the shutdown created gaps in the Consumer Price Index data collection, particularly for October. This statistical fog arrives at a precarious moment as the Fed prepares for next week's rate decision, with incomplete inflation visibility potentially prolonging policy inertia.
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