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Something unusual is happening this week:
On Friday, we are receiving CPI inflation data DURING the US government shutdown.
Not only is it 5 days before the October 29th Fed meeting, but it is the first time CPI data will be reported on a Friday since January 2018.
The Labor Department has said that NO OTHER releases will be rescheduled or produced until the shutdown ends.
This comes during a highly pivotal time for the Fed as they debate whether to continue rate cuts or not.
This is drawing speculation of a "bullish" September CPI report.
What's happening here?