BLS prepares to release delayed inflation report amid shutdown

1 min read
Source: Axios
BLS prepares to release delayed inflation report amid shutdown
Photo: Axios
TL;DR Summary

The Bureau of Labor Statistics is recalling staff to finalize and release the delayed Consumer Price Index (CPI) data, crucial for determining the Social Security Cost of Living Adjustment (COLA), which was postponed due to the government shutdown. The CPI data, essential for economic and Federal Reserve decisions, is now expected to be released soon, ensuring timely COLA calculations despite other delayed reports like September's unemployment figures.

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