www.marketwatch.com
A delayed U.S. inflation report revealed a rate hovering near 3% before the government shutdown. This data point is significant as it precedes the Federal Reserve’s upcoming decision on further interest rate cuts. The persistent inflation rate will likely be a key factor weighed by the Fed as it considers whether to stimulate the economy with lower rates. The report’s timing makes it a crucial indicator for understanding the economic landscape before the shutdown’s impact.
