The release of the September reading of the consumer spending price index (PCE) in the United States, scheduled for this Friday, was postponed indefinitely due to the partial shutdown of the federal government. The PCE is the Federal Reserve’s preferred inflation measure.
The budget impasse completed 31 days this Friday, with no end expected and without Democrats and Republicans in the Senate having reached an agreement on the terms of a new financing package.
The shutdown also prevents the publication of other indicators produced by government agencies, such as the employment report (payroll), weekly unemployment benefit claims and consumer and producer price indices (CPI and PPI, respectively).
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Exceptionally this month, the CPI was released, but the White House warned that the November data should not be published if the strike persists.
US President Donald Trump returned this Friday to pressure Republican senators to put an end to the so-called “filibuster”, a rule that requires 60 votes for the approval of most legislative proposals, in an attempt to end the shutdown without the support of Democrats.
Government funding expired on October 1 after a stopgap spending bill approved by the Republican-led House fell five votes short of the minimum required in the Senate.
