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The Bureau of Labor Statistics canceled its October consumer price index report, saying it was unable to retroactively obtain some data that wasn’t collected during the US government shutdown.
The week will bring a mix of old and new data that might provide some answers as to whether the economy is continuing to expand.
"While many businesses have absorbed cost pressures using pre-tariff inventories and narrower margins, these buffers are slowly eroding," said Daco, who expects rising inflation in late 2025 and early 2026, "further complicating the consumer outlook amid softening labor-market dynamics."
To a certain brand of policy wonk, January 31, 2025, is a day that will live in infamy. It had been nearly two weeks since President Donald Trump took office for the second time—days that passed in a swirl of executive orders to cut federal spending ...
U.S. stocks closed out the trading week with slight gains on Friday as the latest flurry of economic data kept elevated expectations for a Federal Reserve interest rate cut next week intact.