Fed's December Meeting Impacted by Data Delay

Following the recent government shutdown, the flow of U.S. economic data resumes, but crucial figures may not be available before the Federal Reserves December meeting. This delay could impact significant financial decisions, as investors and policymakers lack key information about the economys health. The Federal Reserve, particularly, relies on new data for employment and inflation to make informed monetary policy choices. With Octobers consumer price index likely skipped and Novembers potentially skewed by Black Friday sales, the Fed may face challenges in deciding whether to cut borrowing costs further at its December meeting.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.