Core Insights - The U.S. Department of Labor is resuming work on the critical Consumer Price Index (CPI) report for September, which was delayed due to the federal government shutdown [1] - The CPI report is essential for the Social Security Administration to calculate the annual cost-of-living adjustment (COLA) before November 1 [1] - The release of the September CPI data is scheduled for October 24, which is nine days later than originally planned [1] Group 1 - The government shutdown continues as the Senate failed to pass a funding bill for the seventh time [2] - The timing of the CPI release coincides with the Federal Reserve's upcoming FOMC policy meeting on October 28-29, where investors expect potential interest rate cuts [2] - Some Federal Reserve officials remain cautious about rate cuts due to inflation rates being significantly above target levels [2]