In the event of a US government shutdown, the Bureau of Labor Statistics says it will stop releasing data, including key figures on inflation and unemployment. A lack of crucial government data would make it difficult for investors and the Federal Reserve to interpret the US economy.
US inflation has slowed steadily from its four-decade peak last June, and it’s expected to cool further thanks to easing car prices and rents. And if the US job market slows further, that could help bring it down even more.
In a campaign speech at a rally in South Dakota on Friday, former President Donald Trump delivered lengthy and detailed criticism of the US economy under President Joe Biden – accusing Biden of deceiving the public on the subject of “Bidenomics.”
In a campaign speech at a rally in South Dakota on Friday, former President Donald Trump delivered lengthy and detailed criticism of the US economy under President Joe Biden – accusing Biden of deceiving the public on the subject of “Bidenomics.”