Chicago Fed President: Government Shutdown Leads to "Data Blind Spot" in Inflation, Interest Rate Cuts Need to Be More Cautious

The Zhitong Financial APP learned that the ongoing shutdown of the US federal government has led to the suspension of official inflation data release, causing concerns among some Federal Reserve officials about the future direction of monetary policy. Chicago Fed President Charles Evans said in an interview on Thursday that the lack of key price data makes him increasingly uneasy about continuing to cut interest rates.