Analysts: Missing data may hinder the Fed's December rate cut path

Inflation Insights analyst Omair Sharif believes the US government shutdown and the lack of relevant official economic data could hinder the Federal Reserve's plan for a third consecutive rate cut in December. If official data reflecting economic activity in October and November is not available at the December 10 meeting, will officials feel comfortable cutting rates again? They may find it difficult to reach a consensus on another rate cut, especially given the internal divisions within the FOMC revealed by the September dot plot. (Jinshi)