Goldman Sachs "Even though the U.S. government shutdown has ended, releases of major indicators such as the October CPI are expected to be delayed"
Summary
- Goldman Sachs said it would be difficult for the release of key macro indicators, including the October Consumer Price Index (CPI), to proceed as scheduled.
- The U.S. Bureau of Labor Statistics said the release schedule for major economic indicators is likely to be delayed due to the effects of the shutdown.
- Goldman Sachs said this could cause other major indicator releases to be delayed in succession.
Even though the U.S. government shutdown has ended, it is expected that key macro indicators such as the October Consumer Price Index (CPI) will be difficult to release on the originally scheduled dates.
On the 13th, according to BlockBeats, a media specializing in virtual assets (cryptocurrencies), the U.S. Bureau of Labor Statistics (BLS) had been scheduled to release the October CPI and initial jobless claims that day, but the releases are likely to be delayed due to the effects of the shutdown. President Trump signed the temporary budget bill, officially ending the shutdown, but it is reported that it will take time for the statistics production process to return to normal.
Goldman Sachs said, "The Bureau of Labor Statistics will announce a new schedule for releasing indicators early next week," and "other major economic indicators may also be delayed in succession."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
![[Analysis] "Bitcoin could fall once more before the next bull run… may drop to as low as $43,000"](https://media.bloomingbit.io/PROD/news/8c7118c8-560c-45ee-b17c-33941c08bb67.webp?w=250)
![[Analysis] "Bitcoin shows signs of recovering sentiment among U.S. investors… but a strong bullish reversal is still not in place"](https://media.bloomingbit.io/PROD/news/fa06d293-8d64-4e15-8420-70b42038247c.webp?w=250)