US EditionProbable Delay in Employment Data Due to Closure of Government Complicates Fed Decisions
28 Articles
28 Articles
BLS will not publish the Employment Report, while the Consumer Price Index (CPI) and the Producer Price Index (PPI) are at risk
The data dogs are howling
The government shutdown means crucial jobs data will likely be postponed, right as the Fed weighs its next move. Chicago Fed President Austan Goolsbee, a self-described “data dog,” tells us how central bank officials plan to pivot. He also discusses Fed independence, transitory inflation, and rate cut pacing. After that: fiscal calendars vary by sector, synthetic dye removal will ripple through the food chain, and ADP reports more sour employmen…
The main U.S. stock indexes rose on Wednesday, with strong support from the health sector, despite weak private payroll data and uncertainty on the first day of the federal government’s closure. Preliminary data indicate that the S&P 500 won 0.34%, ending at 6,710.92 points, while the Nasdaq Composite rose by 0.42%, to 22,754.03. The Industrial Average Dow Jones rose by 0.09%, to 46,439.93 integers. Given the expectation that the September emplo…
Washington, Oct 1 (EFE).- The most likely postponement of the publication of key employment data in the US due to the closure of the government this Wednesday promises to complicate the economic monitoring of the Federal Reserve less than a month from its next decision on interest rates. The publication of the new report with updated figures on job creation and the U.S. unemployment rate for September is scheduled for October 3, but the Bureau o…
Federal Closure in the Us Makes It Impossible to Publish September Employment Data - Digital Process
The U.S. Bureau of Labor Statistics (BLS) will not publish the unemployment and job creation data for September this Friday due to the partial closure of the Federal Government. The entry The Federal closure in the U.S. makes it impossible to publish the September employment data was first published in the Digital Process.
The focus is on U.S. labour market data, although the U.S. government's "shutdown" threatens to slow down the publication of labor statistics.
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