Reported about 12 hours ago
Inflation data for September showed unexpected improvement, providing some relief to policymakers as they consider a potential rate cut. However, with the government shutdown hindering data collection, the Federal Reserve's understanding of economic conditions may become increasingly uncertain. Experts warn that while current inflation reports are still reliable, upcoming data may not be, and rising tariff pressures on goods could further complicate the economic landscape. As lower-income Americans face financial strain, the Fed navigates a challenging path forward with limited information.
Source: YAHOO