US Labour Secretary: Unsure if the BLS will be able to release the October CPI

  • Remarks from the US Labour Secretary, Lori Chavez-DeRemer
US Consumer
  • The BLS was not able to fully collect the October CPI data.
  • I am hoping the September jobs data can be released next week.
  • The September jobs data was collected, but not processed.

This is not new information as White House Press Secretary Leavitt mentioned that we might not get the October NFP and CPI at all. What is more important is getting the November data before the next FOMC meeting, so the Fed can take a better decision with the most recent data. We should get the November NFP before the meeting, but I'm not sure if they will manage to squeeze in the November CPI.

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