Federal Reserve officials: Government shutdown leads to data shortages, which is a "problem" for the Federal Reserve

Wallstreetcn
2025.10.02 01:45
portai
I'm PortAI, I can summarize articles.

Chicago Federal Reserve President Goolsbee stated that the U.S. government shutdown has led to a lack of official economic data, which complicates the Federal Reserve's decision-making, especially due to the absence of inflation data. He warned that the government shutdown will cause the Federal Reserve to lose important economic indicators during a critical period, affecting the upcoming employment report and consumer price index. The Federal Reserve's next interest rate decision meeting is scheduled for October 28-29, and policymakers will face the challenge of assessing the economy with incomplete data