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Fed won’t get key inflation data before next rate decision as BLS cancels October CPI release

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The U.S. Bureau of Labor Statistics is the principal Federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy.

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The Bureau of Labor Statistics said it was canceling the release of the October consumer price index, leaving the Federal Reserve without a key piece of inflation data to ponder when it next decides on interest rates on Dec. 10.

The CPI data, previously scheduled to be released on Nov. 7, was canceled because the government shutdown made it impossible for the BLS to “retroactively collect” certain parts of survey data, the organization said on its website.

November’s CPI data, previously scheduled to be released on Dec. 10, will now be released on Dec. 18 after the Fed decision, the BLS said.

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