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CPI inflation report will be released by Labor Department, while other data is delayed by shutdown

1. Labor Department resumes work on key consumer inflation report despite shutdown. 2. CPI report release was delayed, now expected on October 15. 3. The CPI is crucial for Social Security adjustments by November 1. 4. Government shutdown affects other data releases like nonfarm payroll report. 5. Senate fails funding bills, prolonging the federal government shutdown.

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FAQ

Why Bullish?

The timely CPI data release may boost investor confidence and market stability. Historically, positive inflation data often leads to upward trends in stock markets, including the S&P 500.

How important is it?

The return to work on the CPI report signals potential economic recovery, impacting market forecasts. Investors often interpret timely inflation data as a sign of measure against rising prices, affecting overall market valuation.

Why Short Term?

Upcoming CPI data directly affects markets and is anticipated soon. Investors typically react quickly to inflation data, which influences economic policies and market sentiments.

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