inflation

Wall Street was slated to get key updates on inflation this week, but the shutdown has halted government data releases.

Wall Street was slated to get key updates on inflation this week, but the shutdown has halted government data releases.

Wall Street would have gotten October updates on consumer and producer price inflation this week, but the shutdown has halted most government data releases.

Even though tariffs haven’t driven prices up as much as economists initially expected, inflation is nonetheless frustrating consumers as the prices of goods have continued to rise.

Concerns about the continuing government shutdown, weakening labor market, and a potential rise in inflation are weighing on the consumer psyche, the surveys found.