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Goldman Sachs: Macro Data Releases This Week Delayed, Next Week's Schedule Expected to Be Updated
BlockBeats News, November 13th: The U.S. October Unadjusted CPI YoY, U.S. October Adjusted CPI MoM, and U.S. Initial Jobless Claims up to November 8th were originally scheduled to be released tonight. Although President Trump has signed a bill today to end the U.S. government shutdown, it is still difficult to publish these data on time. Goldman Sachs believes that the Bureau of Labor Statistics will update the data release schedule early next week. In addition, Goldman Sachs also expects delays in the release of other important data.
Goldman Sachs stated that after the data freeze period ends, the newly released macro data is expected to show a slowing labor market, with inflation still above the Fed's target, and economic growth positive but not rapid.
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