Fed Faces Uncertainty as Trump Administration Delays October PPI Data
The Bureau of Labor Statistics has canceled the October Producer Price Index (PPI) report, marking the first such omission in 12 years. The delayed data will now merge with November's figures, slated for release in January 2026. This unprecedented MOVE injects uncertainty into the Federal Reserve's December policy meeting, where analysts anticipate a rate cut despite the absence of fresh inflation metrics.
Wholesale price trends—typically signaled by the PPI—will now rely on outdated inputs as policymakers weigh economic conditions. The TRUMP administration's decision to withhold this critical dataset forces the Fed to navigate with partial visibility, echoing broader debates about data transparency in monetary policy.