Fed warns lack of government data has challenged its decision-making on the effects of global tariff war, inflation trends and labour market.

The prolonged US federal government shutdown has been affecting the release of key data that policymakers need to assess the trade war’s effects and gauge price and labour market trends, further complicating ongoing rate decision disputes between US President Donald Trump and the Federal Reserve. Speaking at the Brookings Institution on Monday, US Federal Reserve Governor Lisa Cook joined other colleagues to warn how the lack of government data has challenged their decision-making at the US…

From China - South China Morning Post via This RSS Feed.