Economists warn the federal funding shutdown may have distorted the 2.7 percent November inflation reading, after the Labor Department and Bureau of Labor Statistics said data gaps left key October baselines missing.The reading, down from 3 percent in September, prompted mixed reactions: Donald Trump declared "Inflation has stopped", Wells Fargo economists urged taking the numbers "with the entire salt shaker", and Capital Economics said next month will show whether the print is a statistical blip or a genuine disinflation.Analysts including
Omair Sharif and
Joe Brusuelas and
Federal Reserve officials such as
Chris Waller and
Raphael Bostic cautioned that missing rental data and persistent cost pressures—home energy up 7.2 percent annually and core CPI at 2.6 percent—complicate prospects for policy easing and explain only modest market reactions.
Published: 4h | Updated: 1h