Fed Blind for Rate Hike! 2 Key Reports Canceled!
Imagine trying to navigate a crucial financial decision with your eyes completely closed. That's the predicament facing the Federal Reserve as a government shutdown has forced the cancellation of key inflation data releases, including the Consumer Price Index. This means the Fed will make its next interest rate decision on December 10th without vital information that typically guides their policy. Officials have expressed concern about operating in a "data fog," with some suggesting a slower, more cautious approach to rate adjustments. However, other members believe enough information remains to make informed decisions, creating an intriguing division. Subscribe to our channel for more insights into these critical economic developments.
Tags/Hashtags: #inflation #cpi #pce
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