Core Insights - The government shutdown is hindering the Federal Reserve's ability to interpret economic conditions due to a lack of official data [1][2] - Concerns about rising inflation in the service sector were reiterated, suggesting persistent price pressures in less tariff-affected areas of the economy [1] Group 1 - The Chicago Fed President, Goolsbee, emphasized the difficulties posed by the absence of economic data during the government shutdown [2] - Goolsbee stated that the Federal Reserve is entering a critical period where understanding potential shifts in the economy is essential, but the lack of data complicates this task [2] - The government agencies responsible for collecting and publishing economic data will not operate during the shutdown, affecting the release of key reports such as the monthly consumer price report scheduled for October 15 [2]