October, Jobs report and inflation data
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White House Press Secretary Karoline Leavitt said Wednesday that key economic data about inflation and the latest job numbers may never be released because of the government shutdown.
Brazil's Finance Ministry on Thursday trimmed its 2025 economic growth forecast to 2.2% from 2.3%, citing weaker gross domestic product (GDP) growth estimated in the third quarter that also affected its outlook for the final quarter.
The post “Permanently impaired”: Trump administration won’t release economic data for October appeared first on Salon.com. The Trump administration said this week that several key pieces of U.S. economic data for October, including inflation and employment figures, will not be released.
Economists who spoke with Newsweek warned that tariff revenues may be insufficient to finance Trump's $2,000 checks.
The details of such a plan are still unclear, but some economists say sending payments to consumers could be inflationary.
Bank of Japan Governor Kazuo Ueda said the central bank is aiming for moderate inflation accompanied by wage rises and economic improvement, signalling that its goal aligns with Prime Minister Sanae Takaichi's focus on reviving growth.
Over in the bond market, the 10-year Treasury yield ( US10Y) rose 3 basis points to 4.11%, while the 2-year yield ( US2Y) rose 2 basis points to 3.60%. Investors are awaiting the results of a $25B, 30-Year Bond Auction.