US gov’t shutdown delays release of important inflation figures

WASHINGTON (AP) — The government shutdown is delaying another major economic report, leaving policymakers at the Federal Reserve with a cloudier picture even as the economy enters a challenging phase of stubbornly persistent inflation and a sharp slowdown in hiring. The Labor Department’s monthly inflation data was scheduled for release on Wednesday, but late last week, it was postponed until Oct. 24. The department is recalling some employees to assemble the data, which was collected before the shutdown began. The figures are needed for the government to calculate the annual cost-of-living adjustment for tens of millions of recipients of benefit […]... Keep on reading: US gov’t shutdown delays release of important inflation figures