U.S. Inflation Slowed to 2.7% in November as Shutdown Distorts Data

Core Insights - The latest Consumer Price Index (CPI) report has been affected by data collection issues, leading to a distorted view of inflation trends [1] - Economists express concerns that these inaccuracies may complicate the Federal Reserve's decision-making process, especially in light of a cooling labor market [1] Economic Indicators - The CPI report is crucial for understanding inflation, but the recent data collection problems have raised questions about its reliability [1] - The Federal Reserve is facing challenges in interpreting economic signals due to the skewed CPI data, which may impact monetary policy decisions [1]