Analysts: Data omissions may hinder the Fed's rate cut path in December

Jin10 data reported on October 30th that Inflation Insights analyst Omair Sharif believes that the U.S. government shutdown and the lack of relevant official economic data may hinder the Fed's plan for a third consecutive rate cut in December. If there is no official data reflecting October and November economic activity at the meeting on December 10th, will the officials feel comfortable cutting rates again? They may find it difficult to reach a consensus on another rate cut, especially considering the internal divisions shown in the September dot plot of the FOMC.