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US cancels key inflation report after long government shutdown
Business
The US government just canceled its October inflation report because a 43-day shutdown made it impossible to gather the data.
This unexpected move leaves the Federal Reserve without key info as it gears up for its next big interest rate meeting in December.
Why this matters
The shutdown also wiped out the October jobs report, so both major updates on prices and employment are missing.
Now, October's job numbers will get bundled with November's, making it tough for policymakers—and anyone following the economy—to get a clear read on what's really going on right now.